2 Dividend Stocks That Can Help You Fight Inflation
Inflation is at its highest level in 40 years. The consumer price index (CPI) surged 7.9% over the last 12 months, the biggest spike since 1982. Unfortunately, the inflation rate might not cool off anytime soon, given the persistent supply chain issues and spiking energy prices following Russia's invasion of Ukraine.
This elevated level of inflation is painful as a consumer. However, some companies benefit from inflation, which can boost returns for their investors. Two inflation-fighting stocks to consider are Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) and W.P. Carey (NYSE: WPC). Both offer attractive dividends along with inflation-powered earnings upside.
Image source: Getty Images.
Source Fool.com
