3 Dividend Stocks to Buy If the Market Crashes

It's been proved time and again that investing for the long haul outperforms short-term trading. It's also been shown that dividend-paying stocks do better than their non-dividend-paying peers. Since the markets are tumbling this month, let's consider three dividend-paying companies that may be on sale and could help investors build a bigger nest egg for retirement over the long term.

Johnson & Johnson (NYSE: JNJ ) is one of the biggest and best performing of the major drugmakers. The company is a Goliath in consumer goods, medical devices, and pharmaceuticals, but it's J&J's drug product lineup that's moved the revenue and profit needle the most in the past couple of years. Amgen (NASDAQ: AMGN ) historically poured money into R&D rather than issuing dividends, but that began changing in 2011, when the company's board approved its first quarterly dividend payment of $0.28 per quarter. That quarterly payment has since climbed to $0.61. Bristol-Myers Squibb (NYSE: BMY ) has hit some pretty tough headwinds since it lost patent protection on its multibillion-dollar blockbuster drug Plavix two years ago, but the company may be turning a corner back to growth.

Source: Motley Fool

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