Stock Picks: 'High Quality' Dividend Names (Pt. 2)

Looking for a formula for successful stock investing? RBC Bank's Joseph Keating sums it up in three words: exceptionally high quality. Companies in that category, he says, are likeliest to hold onto their dividends.

He encourages investors to take advantage of what he sees as "some real opportunities."

Recommendations:
(See Part 1 for his Consumer Staples, Energy & Telecom picks)

In the health-care arena, Keating recalled advising against Pfizer.

"Look what happened," he said. "They buy Wyeth and what did they do? They cut their dividend."

So who looks good?

"Go to Johnson & Johnson, and possibly something like (Eli) Lilly or Abbott (Laboratories)," Keating advised. "That's where you want to be."

(See Part 1 for his Consumer Staples, Energy & Telecom picks)

Disclosures:

Disclosure information for Joseph Keating was not immediately available.

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