3 Dividend Stocks That Should Pay You the Rest of Your Life
Dividend stocks are appealing in any market. After all, research has shown that dividend-paying stocks outperform the non-dividend-paying variety. But during volatile times like these, dividend stocks really shine as they are generally less risky than non-dividend payers as those payouts help give them a defensive positioning. Not only do dividend stocks generally have a reliable profit stream, but the dividend payment gives investors an added sense of security and helps anchor the stock price, as yields will rise if the stock price falls.
With the S&P 500 still down about 20% from its all-time high and the economy plunging into a recession, now is an excellent time to consider adding some reliable dividend stocks to your portfolio. Keep reading to see why Johnson & Johnson (NYSE: JNJ), Starbucks (NASDAQ: SBUX), and Costco (NASDAQ: COST) have what it takes to pay you the rest of your life.
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Source Fool.com
