There are a lot of reasons to own dividend stocks. dividend stocks are typically those of more stable companies, the dividend itself helps offset stock price declines or boosts gains, and historically dividend stocks outperform non-dividend stocks over the long-haul.
As we head into the season of giving, here's why Stanley Black Decker (NYSE: SWK), United Parcel Service, Inc. (NYSE: UPS), and Ford Motor Company (NYSE: F) could be top dividend stocks in 2024.
Stanley Black Decker has had a pretty brutal couple of years, but that happens to companies operating in a cyclical space. Between inflation, supply chain speed bumps, and a dreary summer season after acquiring an outdoor products company, Stanley Black Decker was hit hard on the bottom line.
Source Fool.com