4 Dividend Stocks Yielding 4%+

The market continues its downward trend. The U.S. Federal Reserve is raising interest rates in response to high inflation. Consequently, investors are selling because they fear high interest rates will cause a recession. Adding to investors’ negative sentiment are record drought in many places in the world and Russia’s invasion of Ukraine. On the other hand, the current bear market has created some deals. Stocks overvalued for years are now undervalued or at least fairly valued. Moreover, dividend yields have risen to the highest in a decade for some stocks. Below we discuss four dividend stocks yielding 4%+ that are also undervalued.

Many dividend stocks are highly sought after for the passive income they provide. Realty Income (O): This REIT is also known as a monthly dividend stock. NextEra Energy Partners LP (NEP): NEP stock is down YTD and its yield is up, making it an attractive buy. AbbVie (ABBV): AbbVie's dividend yield is much higher than the average yield of the S&P 500. Kimberley-Clark (KMB): The value of KMB stock is the lowest it's been since the start of the pandemic.

Source: InvestorPlace

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