While there is still uncertainty over the timing of a rate hike, the release mentioned that the Federal Open Market Committee “anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen some further improvement in the labor market, and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.”
Nevertheless, it is not time for investors to fret. It’s rather time to focus on readjusting their investment portfolios. Adding dividend stocks are always a good decision for investors looking for a steady return not only for countering the short term market challenges but to stay afloat in the long term as well. Moreover, it’s a good time to focus on value stocks as well. Here are the four stocks that met the criteria: AT&T, Inc. (T), Old Republic International Corp. (ORI), PDL BioPharma, Inc. (PDLI) and OCI Resources LP (OCIR).
Source: Zacks
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- 5 Lessons Learned About Investing In Dividend Growth Stocks
- 6 High-Yielding Mega-Cap Stocks
- Dividend Investors Should Focus On Stocks, Not The Market
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