GO
Loading...

Looking for a Dividend-Paying Defensive Stock?

After another choppy day of trading, “Mad Money” host Jim Cramer recommended investors remain defensive.

How do you do that?

Cramer suggested dividend-paying stocks that boast “domestic security,” which means the underlying company has zero exposure to Europe’s debt problems. He pointed to the shopping center real estate investment trust, Federal Realty Investment Trust, which owns high quality properties in wealthier parts of the United States.

Federal Realty’s revenues have increased year-after-year, and on Wednesday, the company reported a very solid quarter, with higher-than-expected revenues. The company currently pays around a 2.75 percent dividend yield and has raised its dividend every year for the past 45 years.

Being as the overall market closed lower Thursday, Cramer thinks investors could be getting a good entry point into Federal Realty’s stock.

To learn more about where the company is headed, Cramer interviewed Don Wood, President and CEO. See the video to watch the full interview.

@MadMoneyOnCNBC on Twitter

"Mad Money" on Facebook

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com

Contact Mad Money

  • Showtimes

    U.S.
    Monday - Friday 6p ET
    Australia
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.

Mad Money Moments

Cramer's New Book