Dividend stocks have come under pressure in today's higher interest rate environment as investors have turned to bonds with juicy yields.
They all have a next-twelve-months price-to-earnings ratio lower than the index and a dividend yield higher than the index.
It has a 4.3% dividend yield and has gained about 1% year to date.
Another utility play, Exelon , has a 4% dividend yield and is also up less than 1% so far this year.
Lastly, investment banking giant Morgan Stanley has slipped nearly 9% so far this year and has a 4% dividend yield.
Persons:
Brian Belski, Belski, Hunter C, Gary, Exelon, Gilead, Morgan Stanley, Ted Pick, — CNBC's Michael Bloom
Organizations:
BMO Capital Markets, American Electric, American Electric Power, Icahn Capital, Gilead Sciences, Therapeutics
Locations:
U.S