3 Rock-Solid Dividend Growth Stocks to Buy Right Now
It's time to seriously consider investing in dividend growth stocks if you haven't already. There's a real possibility that a recession is on the way -- and guess which stocks tend to outperform during recessions? The answer -- according to investment firm Goldman Sachs -- is the stocks of companies that consistently increase their dividends.
You'll especially want to focus on investing in businesses with sustainable competitive advantages. The good news is that they're not hard to find. Here are three rock-solid dividend growth stocks to buy right now.
Many people don't think about Microsoft (NASDAQ: MSFT) as a dividend stock. However, the tech giant has been making quarterly payouts steadily since 2004. It has also increased its payout every year, and at the current share price, it's yielding nearly 1.2%.
Source Fool.com
