2 Safe Dividend Stocks to Weather the Coronavirus Outbreak
As the S&P 500 index has swooned more than 14% year to date as of this writing, it seems fewer and fewer sectors of the stock market may be able to withstand the disruption the COVID-19 epidemic is causing.
But even in conditions so characterized by uncertainty, dividend investors looking for income and solid growth potential can still buy into a few tickers that are holding up remarkably well. In this article, we'll look at two such names: self-storage real estate investment trust (REIT) CubeSmart (NYSE: CUBE), and consumer-goods multinational General Mills (NYSE: GIS).
Both of these companies operate in industries that enjoy some insulation from the effects of the coronavirus. Moreover, they've handily outperformed the broader market so far this year on a total-return basis:
Source Fool.com
