February 05, 2013 at 11:35 AM EST
New Dividend Stock Added to Recommended List – Feb.5

We are adding a new stock to our recommended list today.

Name Being Added
Wynn Resorts – the casino giant recently lifted its dividend payout to bring the yield over the 3% level. This higher-beta name could be a bit volatile for some investors as the shares can produce wider stock fluctuations than most other names we currently recommend. However, the stock has been very good to shareholders in recent times as the company has issued several substantial “special” dividend (one-time) payouts and now is offering an income-friendly higher yield. We prefer investors consider the shares during market pullbacks.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here