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3 Dividend Stocks to Buy for Every Investor
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Loading...If you love stable dividend stocks, Johnson & Johnson (JNJ) is one of the best dividend stocks to buy. It is the powerhouse brand of powerhouse brands. Better yet, JNJ is levered toward the ultimate in secular industries: healthcare. Separated among consumer-level products, pharmaceuticals, and medical devices, JNJ is one of the most respected companies in the world.
Currently, Johnson & Johnson’s dividend yield is 2.74%. But what people may not immediately appreciate is that JNJ can also surprise people in the capital markets. For instance, year-to-date, shares are up nearly 5%.
Critically for the conservative investor, JNJ rarely loses. Between 1970 to the end of 2018, annual returns average almost 15%. Moreover, JNJ only hit red ink 14 times, meaning that 72% of the time, you can expect shares to win.
Again, on the surface level, Exxon Mobil (XOM) is a strange name to put on a “best dividend stocks” list. Energy is hardly the most consistent sector. More to the point, XOM has been on the wrong end of a market shake-up. Since the oil collapse of 2014, XOM has at best been treading water against prior highs.
But the flip side to this bearish argument is that in practical ways, energy is the most consistent sector possible. When people hit the switch, they expect the lights to turn on. Similarly, when they go to the gasoline station, they expect to fill their tanks. Without XOM and its ilk, none of these things would occur. A societal breakdown could commence.
In all seriousness, investors should be encouraged by Exxon Mobil’s response to the oil market downturn. They and the remaining survivors have revamped their operations and rid themselves of unproductive assets. Today, XOM and the oil community are leaner, meaner, and better prepared for whatever lies ahead.
In other words, XOM has proven its resilience adding another 6.3% since the beginning of the year. As a conservative investor, you can buy that 4.6% yield with confidence.
AT&T Inc. (T) stock dropped like a rock last year but struggled back to recover its losses and then some, adding a little more than 16% so far this year.
Keep in mind that between 1984 through 2016, AT&T’s annual returns average more than 13%. During this time, T stock has only lost eight times out of 33. AT&T is a winner almost 75% of the time.
Like the aforementioned JNJ, at this rate, T stock is practically a sure thing. The only difference is the reward. AT&T offers a whopping 5.94% dividend yield!
Trader Georgi Bozhidarov Read more:
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