Dividend stocks — particularly telecom companies and utilities — flourished during the past couple of years, thanks to the Fed’s low interest rate policies and an economy emerging from the Great Recession. But this quest for safety and high yield had a predictable consequence: Many of these stocks have been extremely overbought. For income investors — particularly those nearing retirement — dividend stocks are a valuable part of their portfolios. After all, they boast the double benefit not only of providing reliable payments that can be reinvested, but many top dividend stocks — particularly utilities — are mature and stable, they and offer a hedge of protection in times of volatility.
Some of the best bets now are reliable dividend stocks that have taken some lumps in the market in recent weeks. Here are five battered dividend stocks to buy now: AT&T (T) stock is down 9% since November 4. Chevron (CVX) is down 9% since Dec. 27. FirstEnergy (FE) is down 16% since Nov. 8. CVR Energy (CVI) stock is down 9% since Jan. 2. Consolidated Edison (ED) is down 3% since Nov. 6 and has a dividend yield of 4.6%.
Source: InvestorPlace
Related Articles:
- Free Cash Flow Payout vs. Dividend Payout
- 9 Dividend Stocks Trading at a Double-Digit Discount
- 6 High-Dividend, Low P/E Value Stocks
- How Much Money Will You Need Before Retiring?
- The 2013 Dividend Achievers
Battered Dividend Stocks to Buy Now
Posted by D4L | Thursday, March 13, 2014 | ArticleLinks | 1 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
Dividend Aristocrats and Kings tend to snag most income investors’ eyes with their consistent dividend payouts, proven-and-tested business o...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
-
Double your money in a short time. Few investors would walk away from such an opportunity. Of course, there's no guarantee that any inve...
-
Passive income brings joy. Making your money work for you allows for capital gains upon selling investments. However, not all investments wi...
-
Dividend stocks are famous for generating regular income, providing investors with the opportunity to earn while they sleep. However, invest...
Hello D4L,
I know you can't mention all of beaten up dividend stocks, but I am curious why you didn't mention Coca-Cola. Is there a particular reason?
In regards to AT&T......now that the price war has broken out with VZ, don't you think their limited growth will lead to a long term struggle.
-Bryan