3 Dividend Stocks for New Investors to Build Their Portfolios Around

For new investors who are just starting out and who may be overwhelmed with stocks to choose from, a good approach is to add some blue chip dividend stocks to your portfolio. Not only will that result in some solid dividend income, it'll also help you avoid taking on too much risk while getting more familiar with the markets. Below are three great choices for investors that will give them plenty of portfolio diversification...

AT&T (NYSE:T) is a solid household name that investors won't need much of an introduction to. Bank of America (NYSE:BAC) is similar in size to AT&T, with a market cap of approximately $250 billion. Apple (NASDAQ:AAPL) gives investors a third industry to add to their portfolio, and it's also hard to pick a much better stock. While the company may not be the rapidly growing company it once was, it still has a loyal customer base that it can count on for a lot of recurring revenue.

Source: Motley Fool

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