The Smartest Dividend Stocks to Buy With $400 Right Now

This week's inflation data came in a little bit hot, but it doesn't mean that rates on traditional fixed income investments will stay high for much longer. When the climate starts to get kinder -- and money market funds and freshly issued bonds start offering lower rates -- yield-seeking investors will turn to dividend-paying stocks where the distributions should grow over time.

You don't need a lot of money to build out a diversified portfolio of income-generating stocks. I believe that AT (NYSE: T), Sirius XM (NASDAQ: SIRI), and Disney (NYSE: DIS) should be strong considerations for the next $400 you put to work in the market.

After years of losing to the market and grappling with the aftermath of poor acquisitions, AT is looking pretty good. The telco giant has seen its stock move 16% higher over the past six months, and its chunky 6.5% yield is going to look even better as short-term rates head lower later this year.

Continue reading

Source Fool.com