Buy This Dividend Stock and Relax Amid Market Volatility
The stock market got off to a rough start in 2022. The S&P 500 index slid by nearly 10%, and many growth stocks have taken much bigger hits, trading down 50% or more from their 52-week highs.
As an investor, volatility like this can make your stomach churn. But long-term investors know that it's essential to stay the course on their investment decisions and ride out the short-term volatility. It also helps to have a diversified portfolio that includes stocks that even things out.
One dividend stock that can help you do that is Virtu Financial (NASDAQ: VIRT). As a business that helps investors buy and sell stocks, it stands to benefit if markets remain volatile. That fact, along with a solid dividend that at current share prices yields more than 3%, makes this a company that can help you relax in times of worry.
Source Fool.com
