1 Top Dividend Stock to Buy in May
The market's recent downturn likely shook some investors to their core. For those who found out that volatility scares them more than they anticipated, a good way to help offset some of the pain is with high-quality dividend stocks. The best dividend stocks can afford to pay quarterly cash payments to shareholders -- even when their share price is down. Further, many dividend stocks can even grow their dividend payments during times of economic weakness.
Apple (NASDAQ: AAPL) is a great example of a dividend stock that can help mitigate the damage of plummeting stock prices in a portfolio. In fact, the company recently proved it can not only maintain its quarterly payout but also boost it during tough times, as Apple did exactly that late last month when it announced an increase to its regular dividend.
Here's a closer look at Apple's dividend -- and why investors looking for reliable income to help offset their portfolio's volatility may want to consider buying shares of the tech giant.
Source Fool.com
