There is no shortage of dividend stock lists out there. But
what sets a good dividend stock apart isn’t simply the dividend payment. If you
are going to invest in a dividend stock it should be a worthy investing
proposition, period. Dividend or no dividend. This means that the business is
going on the right track, and the fundamentals are looking strong.
Plus dividend stocks are perfect for the current bout of
market volatility. “Dividends may help to mitigate portfolio losses when stock
prices decline, and over long time horizons, stocks with a history of
increasing their dividend each year have also produced higher returns with
considerably less risk than non-dividend-paying stocks” says Bank of America.
Here I used TipRanks’ new stock screener to source five
all-star dividend stocks. All five of these stocks score have a “Strong Buy”
consensus rating from the Street’s top analysts. And don’t get me started on
the upside potential. This is the upside from the current share price to the
average analyst price target. Let’s take a closer look now at what makes these
five dividend stocks so special:
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