3 Supercharged Dividend Stocks to Buy if There's a Stock Market Sell-Off
When there's a market sell-off -- like in recent times -- it's a good idea to have a few dividend stocks in your portfolio. Why? Because they'll provide you with steady income even if the market continues to decline. And in better times, you'll appreciate this recurrent income too.
Today, three healthcare players have shown they are committed to paying a dividend. And they've also shown they can beat the market in times of trouble. I'm talking about AbbVie (NYSE: ABBV), Johnson & Johnson (NYSE: JNJ), and Cardinal Health (NYSE: CAH). They've outperformed the S&P 500 so far this year. Let's take a closer look at each.
AbbVie's dividend payments have more than doubled over the past five years. Back in 2017, the annual dividend was $2.56. By the end of this year, the company will have paid investors $5.64 per share. AbbVie has lifted its dividend for the past 50 years, making it a Dividend King. These are S&P 500 companies that have raised their dividend for at least 50 consecutive years.
Source Fool.com
