He recommended Colgate-Palmolive , Proctor & Gamble , and Pepsi , which offer 2 to 3 percent dividend yields.
“If you want to get higher, you can go into the pipelines—we like the energy infrastructure in the United States—names like Enterprise Product Partners , Energy Transfer Partners and Plains All American Pipeline ,” he added.
Keating also likes the telecom giants AT&T and Verizon .
“Over the health care arena we’re underweighted, but we do like Johnson & Johnson and Abbott Labs ,” he said. “In technology, the yields are not that high in companies like Intel and IBM —[but they are] very safe, secure dividends.”
And Don't Miss:
Want higher dividend yields? “They come with some risk, but that doesn’t mean one should never do it,” said John Dorfman, portfolio manager of Dorfman Value Fund. Read his stock recommendations.
______________________________
More Market Perspectives:
______________________________
CNBC Data Pages:
______________________________
CNBC Slideshows:
______________________________
______________________________
Disclosures:
No immediate information was available for Keating or his firm.
______________________________
Disclaimer