For most investors, this is not a time to panic. Rather than take a flight to safety, now is a time to take a flight to quality. And when investors look for quality stocks in volatile markets, dividend stocks take center stage. One benefit of dividend stocks is that they are generally in defensive sectors of the market. This means that their products will be in demand regardless of how the broader economy looks. However, the reason why dividend stocks look attractive now is that some of them are giving investors some capital growth, as well. That said, let’s dive into three dividend stocks that investors should look to in order to ride out this market volatility.
Procter & Gamble (NYSE:PG) is one stock that should clean up as the market digests the impact of the coronavirus. The key word for AbbVie (NYSE:ABBV) will be synergy. AbbVie is losing the patent protection on its flagship drug, Humira. The rheumatoid arthritis drug is responsible for nearly 50% of AbbVie’s revenue. However, AbbVie is close to finalizing its purchase of Allergen and this will provide the company with $2 billion of synergies. Shares of AT&T (NYSE:T) stock gave a valiant effort at holding its 2020 gains through the correction. However, T stock is currently slightly negative for the year. But, it has remained in positive territory over the last 12 months.
Source: InvestorPlace
Related Articles:
- Managing Risk With Dividend Stocks
- If Only I Had Known About These Dividend Stocks...
- 12 Dividend Stocks and 3 ETFs To Balance Your Asset Allocation
- 3 Communications Services Stocks With Increasing Dividends
- 4 Stocks With Room To Grow Their Dividend
3 Dividend Stocks to Ride out the Market Volatility
Posted by D4L | Tuesday, March 31, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.