3 Market-Beating Dividend Stocks to Buy Today

Investors who are looking for good dividend stocks don't have to forgo the possibility of earning capital appreciation along the way. While many dividend stocks may sometimes offer mediocre returns, some have real potential. The three stocks listed below pay as much as 4.5% per year in dividends, and they've also outperformed the S&P 500 this year, which is down 13% since January.

Eli Lilly (NYSE:LLY) is up 20% since the start of 2020, as the drug manufacturer's been a stable buy during a very volatile year thus far. The low-volatility stock is trading near its 52-week high. A big part of the reason it's doing so well is because the company's coming off an impressive quarter. Visa (NYSE:V) is down around 6% year to date, and that's still a good return compared to how the markets have performed. Since it's a financial stock there's a bit more risk involved here, as Visa will likely see more consumers and businesses defaulting on payments due to COVID-19 in the weeks and months ahead. Verizon Communications (NYSE:VZ) has performed the worst of the three stocks listed here, as it's down around 11%, but that's still good enough to beat the S&P 500 by a couple of percentage points. However, 2020 could be a good year for Verizon, as the telecom stock may benefit from increased activity levels by consumers who are bored and staying at home, using the internet to look for ways to entertain themselves.

Source: Motley Fool

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