During a soaring stock market, it can be easy to ignore the benefits of companies that pay dividends. But when equities are selling off, a dividend can provide a worthwhile incentive to hold a stock through periods of volatility. Dividends also generate income without the need to sell or reduce a position, which is a great way to supplement income or generate extra money that can be reinvested in the market.

Companies that pay dividends and trade at reasonable multiples relative to their earnings provide the income and value that's right up the alley of a risk-averse investor. Here's why Essential Utilities (NYSE: WTRG), Equinor (NYSE: EQNR), and Vitesse Energy (NYSE: VTS) are three dividend stocks worth buying now.

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Source Fool.com