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
Dividend Growth Stocks News
- European Dividend Stocks To Consider In May 2025 - Yahoo Finance - 5/23/2025
- 2 Dividend Stocks to Buy With $500 and Hold Forever - The Motley Fool - 5/23/2025
- Friday’s Insider Report: Selling activity in four dividend stocks - The Globe and Mail - 5/23/2025
- The Smartest Dividend Stocks to Buy With $1,000 Right Now - The Motley Fool - 5/23/2025
- 3 UK Dividend Stocks To Enhance Your Portfolio - Yahoo Finance - 5/23/2025
- AFLAC Incorporated (AFL) Dividend Stock Analysis - 5/23/2025
- Automatic Data Processing Inc. (ADP) Dividend Stock Analysis - 5/16/2025
- Air Products and Chemicals Inc. (APD) Dividend Stock Analysis - 5/9/2025
- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
- Wal-Mart Stores, Inc. (WMT) Dividend Stock Analysis - 4/25/2025
7 Dividend Stocks That You Can Still Bank On
Posted by D4L | Thursday, May 28, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.