7 Dividend Stocks to Buy as the Trade War Reignites

The U.S. boosted tariffs on $200 billion worth of Chinese goods from 10% to 25%. The markets had expected this to be the week that this deal got done, but it blew up instead, and no one is sure how it ends at this point. It seems the market is still hoping for the best, while hedging for bad news. But it certainly hasn’t priced in a worst-case scenario … yet. A couple positives: The tariffs don’t hit until the current fleet of cargo ships that left port as of the deadline hit U.S. shores. That gives the parties a softer deadline of about 3-4 weeks to hammer something out before the tariffs take effect. These 7 dividend stocks to buy as the trade war reignites all get As in my Portfolio Grader...

Blackstone Group (NYSE:BX) is a private equity firm that specializes in alternative investments. Dominion Energy (NYSE:D) is one of the top electric utilities on the East Coast. Darden Restaurants (NYSE:DRI) sold its iconic Red Lobster seafood chain about 5 years ago now, and it hasn’t looked back. Hormel Foods (NYSE:HRL) began in 1891 in Austin, Minnesota, as a meat packing business that started national expansion ahead of the competition. Realty Income (NYSE:O) is a real estate investment trust (REIT) that owns and operates properties for some of the biggest retail names in the business.Kinder Morgan (NYSE:KMI) calls itself an energy infrastructure company, but what that means in laymen’s terms is it’s a major midstream energy company. Qualcomm (NASDAQ:QCOM) may seem like an odd stock to be in a short list of dividend stocks, but it actually makes a lot of sense.

Source: InvestorPlace

Related Articles:
- 5 Dividend Stocks With A Quick Payback
- 3 High-Rated Dividend Stocks With Above Target Returns
- 2 Dividend Stocks For Healthy and Wealthy Retirement
- 4 High-Yielding Utilities With A Growing Dividends
- 10 Dividend Stocks With A 10%+ Dividend Growth Rate