When it comes to dividend investing, it is important to know which stocks to buy and when. Few companies have proven that they can handle inflation well, and with a potential recession on the horizon, defensiveness is an important attribute to consider. Thus, it’s not all about the dividend yield – investors will need to take a more holistic view of their dividend stocks, to ensure a better understanding of their risk profile moving forward. With that said, here are three dividend stocks I think investors should focus on right now.
At the top of my list of dividend stocks to buy is Rio Tinto (NYSE:RIO). A well-known name among dividend-paying companies, RIO stock pays investors a current yield of more than 7%. One stock that can outperform all energy stocks is Chevron (NYSE:CVX). That’s partly due to the fact that Chevron recently increased its dividend by 6% following record earnings, now paying out $1.51 per share. If you are looking for a blue-chip, reliable dividend stock to invest in, Coca-Cola (NYSE:KO) is a good pick. The company provides investors with a dividend yield of over 3%. And, like other names on this list, Coca-Cola is also a dividend aristocrat.
Source: NASDAQ
Related Articles:
Dividend Growth Stocks News
3 Dividend Stocks Sitting in the Sweet Spot
Posted by D4L | Wednesday, April 19, 2023 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.