2 Dividend Growth Stocks on Sale Right Now
Cheaper stock valuations are good news for most investors, but income investors have an extra reason to be excited when they see prices fall on dividend stocks they are interested in. That's because dividend yields rise as stock prices fall, pushing potential returns even higher.
Still, it's generally not a good idea to simply chase higher yields, because when dividend stocks' prices fall it's often for good reasons like declining profitability or weak long-term growth prospects. That's why income investors have to be choosy about the stocks that they add to their portfolios.
To illustrate the first point, let's look at a few attractive dividend stocks that have become cheaper in recent months. Here are some good reasons why dividend stocks Home Depot (NYSE: HD) and Procter & Gamble (NYSE: PG) are good buys right now.
Source Fool.com
