The 2 Safest Industrial Dividends Right Now
Economic jitters and valuation concerns have pressured the broader stock market, resulting in a bit of a sell-off the last couple of days. While no one likes losing money, it's important to remember that pullbacks can actually be healthy in the long run. Warren Buffett is famous for his excitement during downturns, saying that because he's a net buyer of stocks over the long term he likes it when valuations go down.
However, if you're like other income investors and retirees, chances are you want stable and reliable income-generating assets that won't cut their dividends or suffer massive earnings declines. Integrated recycling and trash management company Waste Management (NYSE: WM) and paint giant Sherwin-Williams (NYSE: SHW) are boring but incredibly safe dividend stocks worth adding to your portfolio right now. Here's why.
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Source Fool.com
