My Top Dividend Stock to Buy in May (and It's Not Even Close)
In the first third of 2022, the S&P 500 fell by 13.3% and the Nasdaq Composite suffered a painful 21.2% decline. Investors felt the pain and market volatility is on the upswing amid uncertainty about whether rising interest rates will be enough to slow down inflation.
However, there are some companies that have shown impressive resistance to inflation. United Parcel Service (NYSE: UPS) is one that stands out as a safe dividend stock with a fair degree of upside potential, too. Down 20% from its all-time high, which it hit in February, and sporting a 3.4% dividend yield, here's what makes UPS a great stock to buy in May.
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Source Fool.com
