Here's 1 Dividend Aristocrat to Buy in June
Dividend stocks can be a great source of returns when investing in the stock market.
According to Fidelity, 40% of the S&P 500's returns since 1930 have come from dividends. When inflation is high, dividend stocks really perform. During the 1940s and 1970s, which saw high inflation levels, dividend stocks accounted for as much as 71% of the S&P 500's total returns.
If you are looking for dividend stocks to diversify your portfolio, one worth considering is Aflac (NYSE: AFL). When the pandemic initially emerged, the company saw its business dip. However, with the rollout of vaccines and the easing of pandemic-era restrictions, the insurer's business could get a boost -- and it sits on a pile of cash, ready to reward investors.
Source Fool.com
