5 Dividend Stocks I'd Buy Right Now
This year has been a tough one for dividend investors. More than 175 public companies have reduced their dividend by at least 50%, with many of them suspending their payout. They made these moves to preserve cash so that they can survive the current challenging economic conditions in the fallout of the COVID-19 outbreak.
However, not all dividend stocks are cutting their payouts these days. Several expect to keep growing them despite the current market conditions. Five of these dividend standouts are water utility American Water Works (NYSE: AWK), infrastructure operator Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC), electric utility NextEra Energy (NYSE: NEE), industrial REIT Prologis (NYSE: PLD), and pipeline giant TC Energy (NYSE: TRP). Given the resilience of their dividends, I'd buy any one of them right now.
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Source Fool.com