Top 5 Affordable and Stable Dividend Stocks for Smart Investing - July 2024
Money | July 7, 2024, 7:33 p.m.
In the monthly series on Dividend Stocks by Olivier Le Moal, the article scans through 7,500 U.S. listed stocks to select five relatively safe stocks with attractive valuations. Dividend-paying stocks are highlighted for their solid history of dividend payments, strong fundamentals, and low debt. The selection process involves rigorous filtering based on various criteria like dividend history, revenue growth, and debt ratios. The article presents three distinct groups of stocks with different income goals to cater to varying investor needs. The average yield ranges from 3.61% to 7.78% across the groups. Each group is meticulously curated to provide a balanced and diversified portfolio. The selection criteria ensure that the chosen stocks offer sustainable and growing dividends, making them attractive options for income-seeking investors.