This Stock is About to Become a Dividend Aristocrat. Should You Buy?
Investors often turn to dividend stocks during periods of high inflation and slowing economic growth because of their reliability and stability. Such stocks also tend to outperform non-dividend paying ones.
The asset managers at Hartford Funds found that between 1930 and 1921 there has never been a decade when dividend stocks in the S&P 500 didn't generate positive returns. Even during the so-called "lost decade" of the 2000s when the index declined, income-generating stocks posted 1.8% gains.
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Source Fool.com
