The market has been extremely volatile over recent weeks after witnessing a strong rally since the March bottom. Economists still expect a significant contraction of the global economy this year which could translate into a further market correction over the near term. Moreover, with two months to go before the US presidential election, market volatility might increase.
While investing in dividend stocks is a sound investment strategy, there are not too many options currently available. In the second-quarter of 2020, the number of companies cutting dividends increased 931% year-over-year to 639. So, stocks that are still able to pay dividends and are expected to sustain them due to their fundamental strength, could be good additions to your portfolio. Rio Tinto Group (RIO - Get Rating), CubeSmart (CUBE - Get Rating), Stag Industrial, Inc. (STAG - Get Rating), and B&G Foods, Inc. (BGS - Get Rating) are four such stocks that could be a steady source of income for you due to their exceptional dividend yields and ability to sustain dividend payments.
Source: Stock News
Related Articles:
4 "Strong Buy" Dividend Stocks with Yields Over 4%
Posted by D4L | Wednesday, September 23, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
In an attempt to put a lid on inflation, the Federal Reserve has stated that it intends to raise its benchmark federal-funds rate by 0.25% a...
-
This article comes from a recent Preferred Share Update on The REIT Forum. Be advised that share prices are constantly changing, so it's...
-
If you have contemplated selling shares of some of the companies you own this year, you likely aren't alone. Considering how volatile th...
-
Dividend Kings, stocks with at least 50 consecutive years of dividend growth, are favorites of many income investors. High-dividend yields c...
-
Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay di...
-
Readers may want to do a stock valuation on the stocks in their favorite sectors and wait patiently until they become cheap. Patience is a v...
-
This is a clear recipe for investors to follow, and will lead us quite naturally to two recent stock recommendations from Morgan Stanley’s a...
-
Dividend utility stocks might seem bad for your portfolio during high inflation and rising interest rates. However, the sector has done well...
-
Companies that have either been through past downturns or have the pricing power to offset the costs of inflation provide a crucial element ...
-
Dividend reinvestment plans, or DRIPs, can be effective ways to accumulate shares of high-quality companies for those with limited capital t...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.