Worried about recent market volatility? These six stocks will help calm your nerves.
According to Goldman Sachs, the time is now ripe for
dividend investing. The firm’s chief US equity strategist, David Kostin,
writes: “With the 10-year Treasury yield at just 1.5% and the Fed likely to cut
two more times this year, investors should look for opportunities in dividend
stocks.”
Similarly, in a recent interview with CNBC, Mark Tepper,
president and CEO of Strategic Wealth Partners, commented: “As an investor,
it’s important to understand that the 30-year yield is pretty much in line with
the dividend yield on the S&P 500 right now. So, which would you rather own
over the next 10 years?... You’re getting the same yield with a growth component
if you invest in stocks.”
For investors looking to pick up some top dividend names,
Goldman Sachs screened for stocks with both strong dividend growth and high
dividend yields, based on dividend estimates and payout ratios. We used
TipRanks to pinpoint three of the most promising stocks on Goldman Sachs’
dividend growth list. As you will see all three of the stocks covered below
have a buy consensus from the Street, based on the last three months of
ratings:
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