3 High-Yielding Dividend Stocks That Are Near Their 52-Week Lows
Are you looking for some quality dividend stocks to buy right now? When it comes to investing, it's often a good idea to check out those that haven't been doing too well lately and are trading near their lows. If the businesses are in good shape, that can make for great buying opportunities because when stock prices are down, that means yields are up.
Three dividend stocks that have underperformed the S 500 this year and are trading near their lows are AbbVie (NYSE: ABBV), ExxonMobil (NYSE: XOM), and Cisco Systems (NASDAQ: CSCO). Here's a look at why you should consider adding these stocks to your portfolio today.
Pharmaceutical maker AbbVie is known for being a solid dividend stock. Dating back to when it was part of Abbott Laboratories, the company's streak of increasing dividends spans more than 50 consecutive years, making it a Dividend King. Even better, this is also a high-yielding stock that pays 4.3%, which is well above the S 500 average of 1.5%.
Source Fool.com
AbbVie Inc. Stock
The stock is an absolute favorite of our community with 33 Buy predictions and no Sell predictions.
As a result the target price of 178 € shows a slightly positive potential of 4.36% compared to the current price of 170.56 € for AbbVie Inc..
