3 Top Dividend Stocks to Buy Right Now
The COVID-19 pandemic continues to weigh heavily on equity markets. Indexes such as the Dow Jones Industrial Average and the S&P 500 have shown significant volatility. Double-digit percentage losses or gains on a single day have become much more commonplace in recent weeks, making investors sweat.
As of March 27, the S&P 500 was trading nearly 25% below its record highs set just over a month prior. The ongoing bear market will continue to remain bumpy over the next few months as investors take stock of the coronavirus's effect on the global and domestic economy.
However, this time of crisis provides an opportunity for investors to buy high-quality stocks at cheaper valuations. The massive decline in stock prices has also sent dividend yields for many companies higher, making the companies attractive for income investors, at a time when bond rate yields are at record lows.
Source Fool.com
