Dividends4Life: 7 Dividend Stocks to Buy to Kick Off the New Year

While stocks overall are blasting to new highs, valuations are looking extended and things look vulnerable to a pullback. The catalyst will likely come when the Federal Reserve returns to a tightening bias, perhaps around March. When that happens, dividend stocks will provide a modicum of protection for equity investors when the volatility returns. With that in mind, take a look at these seven names to consider as we begin the new decade.

It’s no secret that department stores are facing severe headwinds. However, retailers like Macy’s (NYSE:M) are aggressively looking to revamp their value proposition to customers. Duke Energy (NYSE:DUK) shares are pushing above their 50-day moving average, continuing a steady rise along its 200-day moving average that’s been in play since the summer of 2018. Shares of the The Chemours Company (NYSE:CC) are rounding higher off of a six-month trading range, and look ready for a push above their 200-day moving average for the first time since last April. Shares of Ford (NYSE:F) are consolidating above their 200-day moving average as of late. Exxon Mobil (NYSE:XOM) shares are rising up and out of a six-month consolidation pattern with a run towards its 200-day moving average. Shares of General Motors (NYSE:GM) are rising back up and over their 200-day moving average. Kohl’s (NYSE:KSS) shares are in the midst of a sideways consolidation range going back to May, but look ready for an attempt to push up and over its 200-day moving average.

Source: InvestorPlace

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- Are You Patient Enough To Be Wealthy? These 6 Dividend Stocks Will Help You Wait
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- 3 High-Rated Dividend Stocks With Above Target Returns
- 2 Dividend Stocks For Healthy and Wealthy Retirement
- 4 Stocks With Room To Grow Their Dividend

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