These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Here are other similar dividend stocks that could be valuable additions to your current holdings.
Foot Locker, Inc. (NYSE:FL) operates as an athletic shoes and apparel retailer. Founded in 1879, and currently headed by CEO Richard Johnson, the company provides employment to 32,175 people and with the market cap of USD $4.90B, it falls under the mid-cap stocks category. H&R Block, Inc. (NYSE:HRB) provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions, and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, and Australia. People’s United Financial, Inc. (NASDAQ:PBCT) operates as the bank holding company for People’s United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers.
Source: Simply Wall St.
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