This has been the most traumatic year for dividend investors since 2008, if not longer. Major blue-chip companies have been announcing dividend cuts or suspensions almost every day. Last Tuesday, Disney (NYSE:DIS) joined the crowd with its shocking decision to not pay its dividend for the first half of 2020. And in the high-yield space, it’s been an absolute bloodbath. Whole segments of the market, like energy, mortgage REITs and business development companies have seen their payments shrivel up. It’s looking grim for many dividend stocks.
If you use index funds, that’s a depressing outlook. Meanwhile, inflation keeps ticking on, eroding purchasing power. There’s a solution to this unpleasant forecast: Pick dividend stocks that can maintain their payouts despite the sour economic conditions at present. Here are seven such dividend stocks that are standing tall despite the coronavirus: Johnson & Johnson (NYSE:JNJ), Public Storage (NYSE:PSA), General Dynamics (NYSE:GD), PepsiCo (NASDAQ:PEP), Qualcomm (NASDAQ:QCOM), Colgate-Palmolive (NYSE:CL) and Duke Energy (NYSE:DUK).
Source: InvestorPlace
Related Articles:
- Where To Find Great Dividend Stocks
- How To Know When To Sell A Dividend Stock
- Your Greatest Wealth Building Asset
- 5 Dividend Stocks For The Ultimate In Deferred Gratification
- The Most Important Thing To Consider When Selecting A Dividend Stock
7 Dividend Stocks That You Can Still Bank On
Posted by D4L | Thursday, May 28, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
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...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Last year was brutal for the real estate investment trust (REIT) sector. Rising interest rates created two headwinds for the industry. They ...
-
Dividends drive significant returns for Berkshire Hathaway's portfolio. One common theme of Warren Buffett's Berkshire Hathaway is d...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Most income-oriented investors focus almost exclusively on the current dividend yield of stocks to decide whether to purchase them. However,...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.