1 Stock With a 4% Dividend Yield to Buy in the Coronavirus Sell-Off
It's been a volatile 30 days for investors. The S&P 500 has slid about 29% over the past month, with many growth stocks getting hit even harder.
With so many portfolios getting rocked, some investors may have a newfound appreciation for good, old-fashioned dividend stocks, or stocks that pay shareholders money for owning them. Of course, not all dividend stocks are created equal. So where do investors start?
How about considering a dividend king, or a dividend stock that has increased its dividend every year for 50 years or more, that has been hit hard during the coronavirus sell-off but still looks poised to keep up its juicy dividend payout? 3M (NYSE: MMM), in particular, is looking attractive. The maker of everyday products -- from respiratory and hearing solutions to cleaning products and bandages -- may seem boring on the surface. But its stock is beginning to look exceptionally compelling at these lower levels.
Source Fool.com
