3 No-Brainer Dividend Stocks for 2024

Sometimes the greatest gift from investing can be the dividends you receive, and hopefully reinvest, each quarter. Not only is receiving payment for having skin in the game a nice bonus, but dividends also help reduce portfolio risk and mitigate stock price declines.

If you're shopping for dividend stocks during the holiday season, here are three no-brainer options: Costco (NASDAQ: COST), Ford Motor Company (NYSE: F), and Procter & Gamble (NYSE: PG).

Costco is a unique dividend stock, and if you were simply screening for dividend yields above a certain threshold, this stock probably wouldn't show up. However, savvy investors won't overlook the fact that Costco has a solid history of special dividends that aren't wrapped into the dividend yield figure.

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Source Fool.com