The optimist in you should be glad the market isn’t that volatile right now, but your inner pessimist should see that as a sign of a potential pullback. Sam Stovall, chief equity strategist with S&P/Capital IQ, told CNBC that while March could end the month higher, only three out of 12 bull markets since World War II have been able to last as long as this current bull. Of course, if the market is about to pull back, investors would be in good shape owning a few quality dividend stocks that are on the low end of the risk spectrum. (In fact, they’re in good shape owning them, pullback or not!)
However, you don’t want to get sucked into the idea that high yield is necessarily “safer” — in fact, high-yield dividend stocks can sometimes be the most volatile. So in addition to looking for good yield, you also want to take a look at the underlying business. We’ll get you started with three sturdy dividend stocks that have proven able to weather the storm in choppy conditions: AT&T Inc. (NYSE:T), Exxon Mobil Corporation (NYSE:XOM) and Pfizer Inc. (NYSE:PFE).
Source: InvestorPlace
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