Meet the Nearly 9%-Yielding Dividend Stock Wall Street Hates That I've Quadrupled My Position in Recently
Some degree of volatility and uncertainty is a given on Wall Street. However, with a number of predictive indicators and economic data points suggesting trouble may be brewing for the U.S. economy and stock market, playing a bit of defense can be a smart move.
One of the wisest investments to make during periods of heightened uncertainty is dividend stocks. Companies that pay a regular dividend to their shareholders are usually profitable on a recurring basis, can offer clear long-term growth outlooks, and have often demonstrated that they can successfully navigate uncertain climates. In addition, income stocks have a lengthy history of outperforming their peers that don't offer a payout over the long run.
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Source Fool.com
