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:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The current correction has provided a sweet entry point for buying into the 5G and cloud storage markets, where the best-of-breed stocks in ...
-
There is no doubt that being an income investor in today’s bull market isn’t cool. But then again, it never is. No one likes to focus on div...
-
Recently, this stock has outperformed the US Telecom ETF, IYZ, over the past month and quarter, but it still lags IYZ and the S&P over t...
-
Many investors favor dividend-paying stocks for the recurring streams of income they provide, a benefit that is magnified when those compani...
-
Investors love dividend stocks for a few reasons. First and foremost, that sweet dividend income. After all, investors like when an investme...
-
Today, we’ve pulled up three ‘Perfect 10’ stocks, which are also fine defensive plays, with dividends yielding 5% or higher. At a time when ...
-
After a four-month run of steady gains, September brought sudden, sharp, losses across the board. The NASDAQ, which peaked over 12,000 on Se...
-
This stock has been an up and down ride, which we've held on for, due to the very attractive yield over cost. Management was able to inc...
-
There are a few things that annoy me. One of those things is seeing investors focus on the wrong metrics. Unfortunately, that happens freque...
-
The housing market and real estate stocks have understandably had a grueling 2020. According to the Urban Land Institute survey in May, econ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.