Barron’s picks 10 stocks as good dividend bets

Barron’s highlighted ten companies that it sees as good bets for investments with big dividends that look safe for the long term, including Banco Santander (SAN.MC) at the top of its list and Verizon Communications (VZ.N).

Barron’s Nov 23 edition cited Banco Santander’s relative financial strength in a troubled industry as well as its geographic diversity and a 10-year return rate of 9.2 percent, annualized through Oct 30 2009.

It said its No. 2 pick Chevron (CVX.N) offers a dollar hedge, exposure to oil and gas and a 8.8 percent 10-year return on the same basis as the first company on the list.

The paper’s No. 3 is chip market leader Intel Corp (INTC.O), which recently raised its dividend. Barron’s said “there is probably more of that to come” but noted that its 10-year return rate was a negative 5.6 percent.

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Wall Street futures point to lower start; results due

Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.1 to 0.5 percent, pointing to a weaker start on Wall Street on Thursday.

The Labor Department releases at 8.30 a.m. EDT first-time claims for jobless benefits for the week ended October 17. Economists in a Reuters survey forecast a total of 515,000 new filings compared with 514,000 in the prior week.

Microsoft Corp (MSFT.O) launched Windows 7 on Thursday in its most important release for more than a decade, aiming to win back customers after the disappointing Vista and strengthen its grip on the PC market.

Investors awaited more results from companies such as

American Express, Amazon.com (AMZN.O), AT&T, 3M Co., McDonald’s Corp., Dow Chemicals, Merck & Co. and Xerox Corp.

U.S. crude oil fell 1 percent to trade near $80 a barrel, weighed down by gains in the dollar.

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