Dividend Stocks Trading Near 52-Week Lows Offer Attractive Yields
Kroger and Duke Energy are two dividend stocks trading near their 52-week lows, offering yields of 2.6% and 3.5%, respectively.
Duke Energy posted a 4% increase in operating revenue for the June quarter, with net income rising 7%. The stock is trading around $113.90, about 10% below its 52-week high.
McDonald's has seen its stock decline by 12% this year, pushing its yield up to 2.8%. Despite a modest 4% increase in revenue for the June quarter, investors may be unimpressed with the company's 0.8% comparable sales growth in the US market.
Kroger and McDonald's are considered stable investments due to their consistent income generation and steady operations.