Should You Scoop Up These 2 Stocks Yielding More Than 5% in Dividends?
Inflation is at its highest point in 40 years. In times like these, dividends become even more important to investors. According to an analysis by Standard & Poor's, dividends have accounted for 32% of the total return of the S&P 500 since 1926.
More specifically, a report by Fidelity Investments zeroes in on how much more critical dividends are when inflation is up. In the 1970s, when inflation was high, dividends accounted for 71% of the total return of the S&P 500. In contrast, they accounted for just 11% of total return in the bull market run of the 2010s. So, if your portfolio is lacking dividend stocks, this might be a good time to consider adding some for diversification. Here are two good ones to consider that pay yields of more than 5%.
Image source: Getty Images.
Source Fool.com
