This Dividend Stock Is a Safe Bet Regardless of Market Conditions
Most income investors look for a dividend stock that, first and foremost, pays a high yield. But there are other factors income investors will want to consider as well.
Steady earnings and lots of cash and liquidity are also important to be able to maintain that dividend year after year. In addition, it is important to have a stock that actually generates strong returns year in and year out, so you have some long-term capital appreciation to go along with dividend income.
One stock that checks all of these boxes is JPMorgan Chase (NYSE: JPM). Here is why this is a great option for investors who are looking for a dividend stock to deliver regardless of market conditions.
Source Fool.com
JPMorgan Chase & Co. Stock
€195.96
1.340%
The stock is one of the favorites of our community with 52 Buy predictions and 2 Sell predictions.
With a target price of 203 € there is a slightly positive potential of 3.59% for JPMorgan Chase & Co. compared to the current price of 195.96 €.
