Low volatility dividend plays are built to show their worth over time rather than during glances at the monthly brokerage statement. First, they tend to absorb wild swings better than most, preserving portfolio value in down markets. Second, they distribute income handouts that can serve as cash life preservers keeping an account afloat. These three low risk, dividend payers have historically helped navigate investors through turbulent waters.
Johnson & Johnson (NYSE: JNJ) is one of the least volatile blue-chip companies. This stems from the defensive nature of the healthcare giant's products. Regardless of the economic environment, Band-Aids, shampoo, pharmaceuticals, and medical devices tend to be in steady demand. The Coca-Cola Company (NYSE: KO) matches Johnson & Johnson in the dividend department in two impressive ways. It too has increased its dividend for 61 straight years and has a 2.8% forward yield. Technology companies aren’t typically associated with stability, but Cisco Systems, Inc. (NASDAQ:CSCO) is an exception. The stock has been one of the least volatile Dow names this year and offers one of the highest dividend yields at 3%.
Source: FXStreet
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Posted by D4L | Wednesday, September 21, 2022 | ArticleLinks | 0 comments »________________________________________________________________
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