Stocks that pay out steady and increasing dividends are always appreciated by investors, but in times of market uncertainty and volatility, it is even more important. Not only does that regular cash payment provide income and offset potential losses, it also signals the stability and earnings power of the company.
These have been very trying times for many companies, but when it comes to delivering on dividends, three companies stand out. AT&T (NYSE:T), Prudential Financial (NYSE:PRU), and Wells Fargo (NYSE:WFC) are all paying out yields of more than 5% of their share price.
Source: Motley Fool
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