An investment that is considered socially responsible because of the nature of the business the company conducts. Common themes for socially responsible investments include avoiding investment in companies that produce or sell addictive substances (like alcohol, gambling and tobacco) and seeking out companies engaged in environmental sustainability and alternative energy/clean technology efforts.
General Mills, Inc. (NYSE:GIS) — 3.10% Yield
General Mills is a manufacturer and marketer of branded consumer foods sold through retail stores. Co. is also a supplier of branded and unbranded food products to the foodservice and commercial baking industries. Co.’s major product categories in the U.S. are ready-to-eat cereals, refrigerated yogurt, ready-to-serve soup, dry dinners, shelf stable and frozen vegetables, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, grain, fruit and savory snacks, and a range of organic products including granola bars, cereal, and soup. Co. has three operating segments: U.S. Retail; International; and Bakeries and Foodservice.
Equity Residential (NYSE:EQR) — 4.46% Yield
Equity Residential is a real estate investment trust focused on the acquisition, development and management of apartment properties. Co. is the general partner of, and at Dec 31 2012 owned an approximate 95.9% ownership interest in ERP Operating Limited Partnership (ERPOP), an Illinois limited partnership. All of Co.’s property ownership, development and related business operations are conducted through ERPOP and those entities/subsidiaries owned or controlled by ERPOP. As of Dec 31 2012, Co., directly or indirectly through investments in title holding entities, owned all or a portion of 403 properties located in 13 states and the District of Columbia consisting of 115,370 apartment units.
Eaton Corp plc (NYSE:ETN) — 2.35% Yield
Eaton is a power management company. Co. operates in six segments: Electrical Americas and Electrical Rest of World, which engaged in electrical components and systems; Cooper, which manufactures electrical products; Hydraulics, which provides hydraulics components, systems and services for industrial and mobile equipment; Aerospace, which supplies aerospace fuel, hydraulics and pneumatic systems for commercial and military use; Truck, which designs and manufactures a line of drivetrain and powertrain systems and components for commercial vehicles; and Automotive, which supplies automotive drivetrain and powertrain systems including components of cars, light trucks and commercial vehicles.
HCP, Inc. (NYSE:HCP) — 5.76% Yield
HCP is a real estate investment trust engaged in investing primarily in real estate serving the healthcare industry. Co. acquires, develops, leases, manages and disposes of healthcare real estate, and provides financing to healthcare providers. Co.’s portfolio is comprised of investments in the following five healthcare segments: senior housing, post-acute/skilled nursing, life science, medical office and hospital. Co. makes investments within its healthcare segments using the following five investment products: properties under lease, debt investments, developments and redevelopments, investment management and investments in senior housing operations.