“Stocks with very high [dividend] yields, say 8% or higher, often are a market signal that the dividend is not safe,” he said. Instead, it’s best to look for companies with a sound balance sheet and business model in today’s unique scenario.
The following are good dividend stocks to buy for 2021 because their companies increased the dividend payouts during the pandemic and have performed remarkably well: AbbVie (NYSE:ABBV), Johnson & Johnson (NYSE:JNJ) and
Medtronic (NYSE:MDT).
Source: InvestorPlace
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Posted by D4L | Monday, January 11, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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