There is a good reason investors turn to dividend stocks during times of economic uncertainty. Sharing profits with investors, in good times and bad, is a vote of confidence that its long-term growth story remains intact and helps to soften the blow a falling stock market can have on capital appreciation.Yet some dividend stocks are not just safe harbors from market storms but also businesses you can reliably hold on to at all times. Investors should consider the following two companies in that group. They might not be the sexiest companies on the market, but they are dividend-paying stocks you can count on year in and year out.
The market still doesn't know what to make of Clorox (CLX), which is odd, considering its long history of outperformance and ensuring its shareholders share in its prosperity. The bleach maker has paid a dividend every year since 1970 and has increased the payout each year since 1978. Food service distributor Sysco (SYY) is another yawn-inducing stock for many investors. It supplies restaurants, hospitals, schools, and hotels with food products, building its operation into the biggest in the country in the process. Not surprisingly, supply chain concerns, inflation, and rising fuel costs (especially diesel supplies) are also big concerns for the company.
Source: Motley Fool
Related Articles:
2 Top Dividend Stocks You Can Buy and Hold Forever
Posted by D4L | Monday, November 28, 2022 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
A select group of monthly dividend stocks pays dividends at a rate of 10% or higher. Those are the ones on this list. Investors should be aw...
-
How high is too high when it comes to dividend stocks? Of course, every income investor wants as much yield as possible. However, they also ...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.