AstraZeneca plc (ADR) (AZN), BAE Systems PLC (ADR) (BAESY): Three Neil Woodford High-Yield Shares

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BAE Systems PLC (ADR) (OTCMKTS:BAESY)’s earnings have been up and down like a yo-yo over the last five years, but the company has steadily increased its dividend each year. Lumpy earnings are in the nature of BAE Systems PLC (ADR) (OTCMKTS:BAESY)’s business, so its dividend policy is not tied to the earnings of any single year. The board aims to pay a dividend that is covered twice by “long-term sustainable” underlying earnings.

Analysts are forecasting that BAE Systems PLC (ADR) (OTCMKTS:BAESY)’s dividend will be raised by about 4.5% for 2013, with a more modest increase penciled in for 2014.

The article 3 Neil Woodford High-Yield Shares originally appeared on Fool.com is written by G. A. Chester.

G. A. Chester has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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