It's time for investors to focus on quality dividend stocks in this market
Investors can skirt around a lot of the current market volatility by focusing on premium dividend stocks.
The recent rally in equities may be prying some cash off the sidelines. But if you’re investing in pure growth stocks and avoiding dividend stocks altogether, I’d urge caution.
No, I’m not talking about what the Federal Reserve will do with interest rates. I’m looking at corporate layoff announcements, the weak housing market, and inflation that may not be going up (but is certainly not going down), at least not where Americans need it most.
I know what the bulls are saying. As I write this, more than 60% of the companies that reported this earnings season posted higher earnings. However, earnings are a lagging indicator. I’m not hearing a bullish outlook on the economy from many of these companies, at least looking out over the next couple of quarters.
This means that there may be one or more legs down to go for stocks. One way to manage through this situation is to buy dividend stocks.
I usually like to provide a little something for every investor. But this time, I’m sticking to some of the top dividend stocks on the market today. For some investors, that means looking at dividend yield. Others look at the annual payout per share. That’s the money that’s going back into my brokerage account every quarter – the money that makes the magic of compounding work.
So, let’s get right to it. Here are seven dividend stocks that you should buy now, or you’ll wish you had.
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