<p><strong>道瓊斯工業平均指數</strong> 由 30 只藍籌股組成，投資者通常將其視為整體經濟的代表。在這種重要性下，30 個成分股中除了兩隻以外，其他都向股東返還現金，這一舉措往往表明了穩定性。</p>
<p>然而，投資者可能還希望在強勁的股息之外獲得股票增長潛力。為此，這些道瓊斯股票在不妨礙股票價格增長潛在回報的情況下，能夠提供不斷上升的分紅。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjQ1MDgvZGl2aWRlbmRzLWJsYWNrYm9hcmQtc2tldGNoLWRvb2RsZS5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjQ1MDgvZGl2aWRlbmRzLWJsYWNrYm9hcmQtc2tldGNoLWRvb2RsZS5qcGcmdz03MDA"/></p>
<p>圖片來源：Getty Images。</p>
<h2>1. 思科系統</h2>
<p>經過多年的緩慢收入增長，<strong>思科系統</strong>(CSCO 1.38%) 的增長終於加速。隨着這家網絡巨頭收購 Splunk，產品訂單同比增長 20%（如果不包括 Splunk，則增長 9%）。這一增長源於公司努力將人工智能整合到安全和網絡管理中。</p>
<p>訂單的增長也應能增強其已經表現強勁的股息。自 2011 年開始提供股息以來，其股息每年都在上升。每股年股息為 1.64 美元，思科目前的股息收益率為 2.4%。這與 <strong>標準普爾 500</strong> 的平均收益率 1.2% 相比表現良好。</p>
<p>更重要的是，思科很可能能夠維持其股息增長。在 2025 財年的前九個月（截至 4 月 26 日），其自由現金流達 93 億美元，足以覆蓋該期間 48 億美元的股息支出。</p>
<p>投資者最近幾個月開始關注這隻股票。過去一年，該股上漲近 50%，其市盈率為 28，處於多年來的高位。儘管最近增長，但這使得市盈率略低於標準普爾 500 的平均收益倍數 30，表明仍然有時間購買思科股票。</p>
<h2>2. 麥當勞</h2>
<p>股息投資者在 <strong>麥當勞</strong>(MCD 0.49%) 的股票中也可能會發現很多值得關注的地方。誠然，在經濟疲軟和餐飲行業競爭激烈的情況下，這似乎並不明顯，一些投資者可能對其 27 的市盈率感到擔憂。然而，由於麥當勞實際上從特許經營中獲利，因此這些挑戰對其收入的影響可能相對較小。</p>
<p>麥當勞的大部分收入來自特許經營費用和其廣泛房地產組合的餐廳租金。雖然它也從這些餐廳獲得一部分收入，但這也意味着餐廳銷售對公司的影響比 <strong>Chipotle Mexican Grill</strong> 等競爭對手小。</p>
<p>這種穩定性有助於其股息的強勁，自 1976 年推出以來，股息每年都在上升。每股年股息為 7.08 美元，收益率為 2.3%。此外，股息支出似乎是可持續的，因為其超過 67 億美元的自由現金流覆蓋了 2024 年約 49 億美元的股息支出。</p>
<p>此外，過去一年該股上漲超過 20%。將這一點與股息回報結合起來，投資者似乎在麥當勞中發現了一隻意外強勁的增長和收入股票。</p>
<h2>3. 聯合健康集團</h2>
<p>在道瓊斯股息股票中，投資者可能在健康保險公司 <strong>聯合健康集團</strong>(UNH -1.53%) 中發現獨特的購買機會。該公司為個人提供健康保險，包括醫療保險和醫療補助接受者，以及僱主的計劃。</p>
<p>儘管如此，由於醫療成本上升導致 2025 年第一季度的盈利指引下調，其股票已下跌近 40%。首席執行官布萊恩·湯普森的悲慘槍擊事件也給股票帶來了困擾。此外，司法部和《紐約時報》的調查對其一些商業做法提出了質疑。股票價格的急劇下跌幾乎抹去了該股五年來的所有漲幅。</p>
<p>儘管這些挑戰往往會對股票造成壓力，至少在一段時間內，但如果聯合健康能夠妥善處理這些指控，應該能夠恢復。此外，該公司的當前股價為投資者提供了極大的激勵去購買該股票。其市盈率已降至 13，為 2013 年以來的最低點。</p>
<p>這一下降也使其股息收益率提升至 2.8%，接近歷史最高水平。值得注意的是，股息已連續 15 年上升，目前每年向股東支付 8.84 美元。</p>
<p>此外，儘管成本上升，聯合健康近 210 億美元的自由現金流使其能夠滿足 2024 年 75 億美元的股息支出。因此，聯合健康不僅能夠承擔其慷慨且不斷上升的股息，投資者還有獨特的機會以異常低的價格購買該股票。如果能夠承受其風險，健康保險股票提供了巨大的增長潛力。</p>

思科

聯合健康

<p>本文討論了三隻道瓊斯股息股票：思科系統、麥當勞和聯合健康。思科的股息收益率為 2.4%，得益於強勁的自由現金流，正在經歷增長。麥當勞的股息收益率為 2.3%，受益於特許經營的穩定性，股票上漲了 20%。儘管聯合健康的股票下跌了 40%，但其股息收益率為 2.8%，並且自由現金流顯著，為願意接受風險的投資者提供了買入機會。這三隻股票都在股息的支持下，具備潛在的增長空間</p>

<p>The <strong>Dow Jones Industrial Average</strong> comprises 30 blue chip stocks that investors often regard as a proxy for the overall economy. Amidst that prominence, all but two of the 30 components return cash to shareholders, a move that tends to affirm that stability.</p>
<div class="lb-trans"><p><strong>道瓊斯工業平均指數</strong> 由 30 只藍籌股組成，投資者通常將其視為整體經濟的代表。在這種重要性下，30 個成分股中除了兩隻以外，其他都向股東返還現金，這一舉措往往表明了穩定性。</p>
</div><p>Still, investors may also want stock growth potential along with a strong dividend. To that end, these Dow stocks are well-positioned to deliver rising payouts without compromising potential returns from stock price growth.</p>
<div class="lb-trans"><p>然而，投資者可能還希望在強勁的股息之外獲得股票增長潛力。為此，這些道瓊斯股票在不妨礙股票價格增長潛在回報的情況下，能夠提供不斷上升的分紅。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjQ1MDgvZGl2aWRlbmRzLWJsYWNrYm9hcmQtc2tldGNoLWRvb2RsZS5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F824508%2Fdividends-blackboard-sketch-doodle.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><h2>1. Cisco Systems</h2>
<div class="lb-trans"><h2>1. 思科系統</h2>
</div><p>After years of slow revenue increases, growth is finally speeding up for <strong>Cisco Systems</strong>(CSCO 1.38%). Coming off the networking giant's acquisition of Splunk, product orders are up 20% year over year (or 9% if not including Splunk). The growth comes as companies work to integrate AI into security and network management.</p>
<div class="lb-trans"><p>經過多年的緩慢收入增長，<strong>思科系統</strong>(CSCO 1.38%) 的增長終於加速。隨着這家網絡巨頭收購 Splunk，產品訂單同比增長 20%（如果不包括 Splunk，則增長 9%）。這一增長源於公司努力將人工智能整合到安全和網絡管理中。</p>
</div><p>The rising orders should also bolster what has already served as a strong dividend. Its payout has risen every year since the company began offering dividends in 2011. At $1.64 per share annually, Cisco now has a dividend yield of 2.4%. That compares well to the <strong>S&amp;P 500</strong>'s average yield of 1.2%.</p>
<div class="lb-trans"><p>訂單的增長也應能增強其已經表現強勁的股息。自 2011 年開始提供股息以來，其股息每年都在上升。每股年股息為 1.64 美元，思科目前的股息收益率為 2.4%。這與 <strong>標準普爾 500</strong> 的平均收益率 1.2% 相比表現良好。</p>
</div><p>More importantly, Cisco can likely sustain its dividend growth. In the first nine months of fiscal 2025 (ended April 26), it generated $9.3 billion in free cash flow, enough to cover the $4.8 billion in dividend costs over that period.</p>
<div class="lb-trans"><p>更重要的是，思科很可能能夠維持其股息增長。在 2025 財年的前九個月（截至 4 月 26 日），其自由現金流達 93 億美元，足以覆蓋該期間 48 億美元的股息支出。</p>
</div><p>Investors have begun to take notice of the stock in recent months. The stock is up by nearly 50% over the last year, and its P/E ratio of 28 sits at multi-year highs. Despite that recent growth, that places the P/E ratio slightly under the S&amp;P 500 average earnings multiple of 30, indicating there is likely still time to buy Cisco stock.</p>
<div class="lb-trans"><p>投資者最近幾個月開始關注這隻股票。過去一年，該股上漲近 50%，其市盈率為 28，處於多年來的高位。儘管最近增長，但這使得市盈率略低於標準普爾 500 的平均收益倍數 30，表明仍然有時間購買思科股票。</p>
</div><h2>2. McDonald's</h2>
<div class="lb-trans"><h2>2. 麥當勞</h2>
</div><p>Dividend investors may also find a lot to like in <strong>McDonald's</strong>(MCD 0.49%) stock. Admittedly, that might not seem to be the case amid a sluggish economy and intense competition in the restaurant industry, and some investors may be leery of its 27 P/E ratio. However, since McDonald's actually profits from franchising, such challenges may have relatively little effect on its top line.</p>
<div class="lb-trans"><p>股息投資者在 <strong>麥當勞</strong>(MCD 0.49%) 的股票中也可能會發現很多值得關注的地方。誠然，在經濟疲軟和餐飲行業競爭激烈的情況下，這似乎並不明顯，一些投資者可能對其 27 的市盈率感到擔憂。然而，由於麥當勞實際上從特許經營中獲利，因此這些挑戰對其收入的影響可能相對較小。</p>
</div><p>McDonald's earns most of its revenue from franchising fees and restaurant rentals from its extensive real estate portfolio. While it also claims a percentage of the revenue driven from these restaurants, it also means that restaurant sales have less of an effect on the company than rivals such as <strong>Chipotle Mexican Grill</strong>.</p>
<div class="lb-trans"><p>麥當勞的大部分收入來自特許經營費用和其廣泛房地產組合的餐廳租金。雖然它也從這些餐廳獲得一部分收入，但這也意味着餐廳銷售對公司的影響比 <strong>Chipotle Mexican Grill</strong> 等競爭對手小。</p>
</div><p>That stability contributes to the strength of its dividend, which has risen every year since its introduction in 1976. At $7.08 per share annually, it yields 2.3%. Furthermore, the payout appears sustainable, as its more than $6.7 billion in free cash flow covered the dividend costs of about $4.9 billion in 2024.</p>
<div class="lb-trans"><p>這種穩定性有助於其股息的強勁，自 1976 年推出以來，股息每年都在上升。每股年股息為 7.08 美元，收益率為 2.3%。此外，股息支出似乎是可持續的，因為其超過 67 億美元的自由現金流覆蓋了 2024 年約 49 億美元的股息支出。</p>
</div><p>Additionally, the stock was up just over 20% over the last year. When combining that with returns on the dividend, investors appear to have a surprisingly robust growth and income stock in McDonald's.</p>
<div class="lb-trans"><p>此外，過去一年該股上漲超過 20%。將這一點與股息回報結合起來，投資者似乎在麥當勞中發現了一隻意外強勁的增長和收入股票。</p>
</div><h2>3. UnitedHealth Group</h2>
<div class="lb-trans"><h2>3. 聯合健康集團</h2>
</div><p>When it comes to Dow dividend stocks, investors may have a unique buying opportunity in health insurer <strong>UnitedHealth Group</strong>(UNH -1.53%). The company offers health insurance to individuals, including Medicare and Medicaid recipients, as well as plans for employers.</p>
<div class="lb-trans"><p>在道瓊斯股息股票中，投資者可能在健康保險公司 <strong>聯合健康集團</strong>(UNH -1.53%) 中發現獨特的購買機會。該公司為個人提供健康保險，包括醫療保險和醫療補助接受者，以及僱主的計劃。</p>
</div><p>Nonetheless, its stock has fallen by nearly 40%, as rising medical costs led to lower earnings guidance in the first quarter of 2025. The tragic shooting of CEO Brian Thompson also plagued the stock. Moreover, investigations by the Department of Justice and <em>The New York Times</em> have called some of its business practices into question. So severe was the drop in the stock price that the selling has wiped out almost all the stock's five-year gain.</p>
<div class="lb-trans"><p>儘管如此，由於醫療成本上升導致 2025 年第一季度的盈利指引下調，其股票已下跌近 40%。首席執行官布萊恩·湯普森的悲慘槍擊事件也給股票帶來了困擾。此外，司法部和《紐約時報》的調查對其一些商業做法提出了質疑。股票價格的急劇下跌幾乎抹去了該股五年來的所有漲幅。</p>
</div><p>Although such challenges tend to weigh on stocks, at least for a time, UnitedHealth should be positioned for recovery if it properly addresses those allegations. Additionally, the company's current stock price gives investors a tremendous incentive to take a position in the stock. Its P/E ratio has fallen to 13, its lowest point since 2013.</p>
<div class="lb-trans"><p>儘管這些挑戰往往會對股票造成壓力，至少在一段時間內，但如果聯合健康能夠妥善處理這些指控，應該能夠恢復。此外，該公司的當前股價為投資者提供了極大的激勵去購買該股票。其市盈率已降至 13，為 2013 年以來的最低點。</p>
</div><p>The decline has also boosted its dividend yield to 2.8%, close to all-time highs. With that, it is worth noting that the payout has risen for 15 straight years and now pays shareholders $8.84 per share annually.</p>
<div class="lb-trans"><p>這一下降也使其股息收益率提升至 2.8%，接近歷史最高水平。值得注意的是，股息已連續 15 年上升，目前每年向股東支付 8.84 美元。</p>
</div><p>Furthermore, despite rising costs, UnitedHealth's nearly $21 billion in free cash flow enabled it to meet its $7.5 billion in dividend costs in 2024. Hence, not only can UnitedHealth afford its generous, rising dividend, but investors also have a unique opportunity to buy this stock at an unusually low price. If one can tolerate its risks, the health insurance stock offers tremendous potential for growth.</p>
<div class="lb-trans"><p>此外，儘管成本上升，聯合健康近 210 億美元的自由現金流使其能夠滿足 2024 年 75 億美元的股息支出。因此，聯合健康不僅能夠承擔其慷慨且不斷上升的股息，投資者還有獨特的機會以異常低的價格購買該股票。如果能夠承受其風險，健康保險股票提供了巨大的增長潛力。</p>
</div>

3 只永遠值得買入和持有的不可阻擋的道瓊斯股息股票