Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

2 Best Dividend Stocks to Invest $1,000 in Right Now


To put it mildly, 2020 has been an awful year for dividend stocks. Hundreds of companies have had to cut back on their payouts as a precaution due to the uncertainties surrounding COVID-19. That left income investors with fewer options.

However, while 2020 exposed weaker dividend payers, it shined a spotlight on the best ones that were able to keep growing them amid the pandemic. Two top options that stand out for investors with a little cash to spare are apartment real estate investment trust (REIT) Camden Property Trust (NYSE: CPT) and energy infrastructure giant TC Energy (NYSE: TRP).

Both companies have sold off a bit this year, despite continuing to grow their dividends, which helped boost their yields. Add that to their top-notch financial profiles and growth prospects, and these dividend stocks should produce durable income for years. That makes them great ways to put $1,000 (or any other small amount) to work.

Continue reading


Source Fool.com

Like: 0
TRP
Share

Comments