3 Safe Blue Chip Stocks with Growing Dividends

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The S&P 500 has clawed its way back to even for the year, but investors should be cautious as the market still faces major hurdles before an extended rally can occur. Now is the time to be sticking with safe dividend stocks like the three Bret Jensen shares today.

 I started the New Year with a non-sanguine view of the market. With this outlook, my portfolio had a 30% allocation to cash to begin 2016. As stocks fell through most of the first month and a half of the year, I incrementally bought the dip. I added to my core stakes in cheap blue chip stocks with large dividend yields such as AbbVie (NYSE: ABBV) and Chatham Lodging Trust (NASDAQ: CLDT ), an undervalued high-yield lodging REIT. By mid-February, my cash allocation was down to just over 10%...


Source: Investors Alley