1 High-Yield Dividend Stock You Could Hold for Years
There are a lot of signs a recession may be coming. The well-off are going down market to buy groceries at Walmart, both Amazon and FedEx are laying off tens of thousands of workers -- before Christmas -- and retailers are seeing revenue rise because inflation caused prices to rise, not because customers are buying more goods.
In such times, investors turn to dividend stocks because of the stabilizing impact they have on a portfolio. Even when there is no capital appreciation, the income generated from dividends offsets the worst of any decline.
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Source Fool.com
