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| BondsOnline.com: instant access to and extensive coverage of over 3.5 million stocks, bonds, indexes and other securities covering major and emerging markets and exchanges across the globe. |
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| Bonds Online |
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| 5/10/2013Market Performance |
| Municipal Bonds |
|---|
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S&P National Bond Index
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3.00% |
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S&P California Bond Index
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2.96% |
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S&P New York Bond Index
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3.13% |
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S&P National 0-5 Year Municipal Bond Index
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0.70% |
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| S&P/BGCantor US Treasury Bond |
400.09 |
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| More |
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| Income Equities: |
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| Preferred Stocks |
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S&P U.S. Preferred Stock Index
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848.03 |
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S&P U.S. Preferred Stock Index (CAD)
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636.26 |
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S&P U.S. Preferred Stock Index (TR)
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1,701.05 |
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S&P U.S. Preferred Stock Index (TR) (CAD)
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1,276.26 |
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| REITs |
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S&P REIT Index
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174.07 |
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S&P REIT Index (TR)
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425.30 |
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| MLPs |
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S&P MLP Index
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2,469.58 |
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S&P MLP Index (TR)
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5,428.50 |
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See Data
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Four Stocks With Strong Dividends Looking More Attractive Than Bonds |
Seeking Alpha - Aug. 23, 2010 - by Stephan Rosenman
Corporate Stocks versus Corporate Bonds: and the winner is? Money has been moving out of stocks into bonds, driving down bond yields to eye popping low levels.
Case in point: Kimberly-Clark's (KMB) 7.5% November 2018 bond (A2 rated Moody's) is now selling for a yield of 3.1%. Meanwhile, the stock KMB yields 4.1%. Clearly, bond holders want to be associated with KMB; they've entrusted their money to the company for the next 8 years. The most they can make if they hold the bond to maturity is the 3.1% yearly interest.
In contrast, KMB has consistently raised its stock dividends the past 22 years. Eight years ago, KMB's dividend was $1.20 a year; now, it's $2.64. KMB will likely continue raising its dividend. It would seem far safer and more lucrative to own the stock rather than the bond and have the potential upside in price and dividend.
These bond holders risk having their notes called, resulting in a very significant loss with a premium of $31 over par. It's hard to see the value in an investment with such a significant risk. At these low yields, KMB bonds should outperform the stock only if the economy goes into a period of prolonged deflation in which just enough Kleenex and Huggies are sold to keep the company afloat.
For the complete article visit Seeking Alpha
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| Stuff to look at |
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| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
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