Despite the recent volatility in the stock market, dividend stocks remain attractive for those looking to generate passive income. Unlike other stocks, dividend stocks provide a steady stream of income that is generally less-impacted by short-term fluctuations in the macro environment. Additionally, dividend stocks tend to be less-volatile than the overall market, providing a measure of stability in uncertain times. For these reasons, dividend stocks are an ideal investment for those who want to protect their assets amidst an inflationary environment. Here are seven top options I think investors should consider...
Buy these dividend stocks to buy for inflation to protect your portfolio from the current economic downturn: IBM (IBM): Big Blue is now a major player in the burgeoning hybrid cloud and AI solutions space, Chevron (CVX): Chevron has enjoyed a record year on the back of robust oil prices and should continue to shine with the world needing more energy, Prudential (PRU): Net cash balance has soared despite the weaknesses in its business environment, Brookfield Renewable Partners (BEP): Top player in the renewable energy space with multiple tailwinds at its back, The Southern Company (SO): Utility companies are safe investments for good reason, Realty Income (O): Leading REIT that has effectively grown its dividend payouts for the past 25 consecutive years; and V.F. Corporation (VFC): A dividend king with a diversified apparel business that shields it from volatility.
Source: InvestorPlace
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Posted by D4L | Monday, December 19, 2022 | ArticleLinks | 0 comments »________________________________________________________________
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