2 Market-Beating Dividend Stocks With Above-Average Payouts
It's been a volatile year in the markets, and the S&P 500's returns are flat year to date. While that's good news for investors who were fearing the worst (a prolonged market crash) in March, 2020's still been a lousy year for many stocks. But two stocks have been the exception to the norm, outperforming the markets and also paying dividends of 3% or more. Here are two gems to consider adding to your portfolio right now:
AbbVie (NYSE: ABBV) is an even stronger, more versatile healthcare stock to hold in your portfolio now that it's completed its $63 billion acquisition of Botox maker Allergan. AbbVie made the announcement on May 8 that the deal was final, calling it a "turning point" that will allow the now stronger biopharmaceutical company to not only become more diversified with a wider range of products, but also to have the "financial strength" to continue innovating and investing in new products.
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Source Fool.com
