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2 Dividend Stocks to Buy on the Dip

TheMotleyFool

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When dividend stocks go on sale, investors should be ready to pounce. That's because as long as their payouts remain intact and look safe, a drop in share price means a chance to earn the same amount of dividend income with a smaller investment. And when the decline looks like it may be temporary, there's extra incentive to buy the stock on the prospects that the share price will rise again.

A couple of dividend stocks that have been struggling of late are Medtronic (NYSE: MDT) and Visa (NYSE: V). Both are down by more than 4% over the past three months while the S&P 500 has climbed by 6%. Here's why they are solid investments right now.

Image source: Getty Images.

Source Fool.com

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