2 Dividend Stocks to Buy on the Dip

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.

Continue reading

Source Fool.com