Investing $50,000 in This Basket of Dividend Stocks Could Give You $1,500 in 2022 Income
This has been another wild year, with the S&P 500 currently up over 20% after a 16% gain last year. Looking ahead to 2022, many investors are probably setting financial goals that undoubtedly include not losing money.
One way to protect yourself against volatility is by investing in dividend-paying stocks that generate income no matter what the market is doing. Dividing a $50,000 investment into roughly equal parts among defense contractor Lockheed Martin (NYSE: LMT), renewable energy asset manager Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), and diversified industrial company Caterpillar (NYSE: CAT) is likely to yield $1,500 in low-tax dividend income in 2022. Here's what makes each dividend stock a great buy now.
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Source Fool.com
