2 Down-on-Their-Luck Dividend Stocks Poised to Rebound
Income investors looking for solid dividends of companies poised to rebound shouldn't overlook the following two stocks. Both stocks are dealing with headwinds and slowing growth, but offer solid and steady dividends while you wait for headwinds to subside. Here's a closer look at Genuine Parts (NYSE: GPC) and J.M. Smucker (NYSE: SJM).
Established nearly 100 years ago, Genuine Parts is a leading global service company that specializes in the distribution of automotive and industrial replacement parts with a vast network of over 10,700 locations across 17 countries.
If you're looking for an income stock that's currently out of favor with the market, look no further than Genuine Parts. Over the past six months, the stock and the S 500 have moved in opposite directions, with the former posting a 9% decline and the latter a 9% gain.
Source Fool.com


