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