3 of the Safest Dividend Stocks to Buy During the Coronavirus Bear Market
Since late March, the S&P 500 index has partially climbed back from the coronavirus-driven market sell-off that began in February. However, as of Monday, April 13, the index is still down more than 18% from its all-time high, set on Feb. 19.
During times like these, many investors are looking for rock-solid dividend stocks to help them weather the turbulence. So we asked three Motley Fool contributors to name one stock that fits the bill.
While there's no such beast as a perfectly safe stock, our contributors believe that Brookfield Infrastructure Partners (NYSE: BIP), American Water Works (NYSE: AWK), and Taiwan Semiconductor Manufacturing (NYSE: TSM) are among the safest dividend payers in today's market and also have superior long-term capital appreciation potential.
Source Fool.com
