This information may not be new, but it highlights some advantages with CCL that may be overlooked:
Dividend stocks to buy in 2014:CCL
Rather than just rush for the big four banks and supermarket giants, note these stocks should have less chance to deliver further market beating returns given their strong runs to date. What if they were to fall? Other stocks can offer strong yield at more attractive entry points like CCL.
CCL obviously has some of the most popular beverages but hasn't had the best time lately given its profit downgrades due to competition from Schweppes/Pepsi. Its shares have fallen over 10% this year, versus the ASX200's 14.6% gain. Given its strong brands and its push into Indonesia/ alcohol, CCL should bounce back, being a buying opportunity in the meantime. CCL is trading at $12.10 with a 4.6% dividend yield. Buying now and holding over the next two months will also pick up the final half dividend.
CCL Price at posting:
$12.10 Sentiment: Buy Disclosure: Held