As Inflation Eases, These Dividend Stocks will Soar
Brett Owens, Chief Investment StrategistUpdated: January 12, 2024
As inflation calms down, these dividend stocks are going to fire up. I’m talking about five stocks with payouts popping between 33% and 100% per year.
And these are safe, profitable businesses powered by good ol’ fashioned cash flow. I know, what a concept. These stocks should never be cheap, but they are, thanks to the recent stock market panic in September and October.
This five-pack highlights the power of a phenomenon called the “dividend magnet.” This is where payout growth pulls a stock’s price higher regardless of whatever the broader economy is doing.
Dow component UnitedHealth Group (UNH) is a perfect example of the dividend magnet.… Read more