2 Dividend Stocks to Double Up on Right Now
Many investors, especially those looking for income in retirement, seek out companies that pay a dividend when making investment decisions. Although dividends are less common in some high-growth sectors, approximately 84% of the companies in the S&P 500 pay a dividend. While dividends shouldn't be the sole criteria for making a decision on what stocks to buy, companies that have a decent dividend yield can be attractive to those looking for passive income.
The danger in this line of thinking is that some companies have dividends that might be difficult to sustain due to financial weakness. Therefore, investors should be certain to always buy stock in companies that have sturdy foundations. Here are two that fit into that category and would be smart to double up on right now.
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Source Fool.com
