3 Sustainable Dividend Stocks That Pay More Than 3%
After a brief period of stability, the markets are back to volatility. Now could be an opportune time to take a closer look at your portfolio.
If you're a dividend investor, you'll want to evaluate any income-generating stocks you hold to make sure they're still safe given the current market conditions. And if you're looking to add dividend stocks to your portfolio, then the three listed below are great options. In addition to stability, they also pay better than the 2% you can expect to get from the average S&P 500 stock.
Cardinal Health (NYSE: CAH) is a safe dividend stock to hold given both its track record and strong financial performance. As a Dividend Aristocrat, Cardinal has increased its dividend payments for more than 30 consecutive years. It raised its payouts this year by 1%, from $0.4811 to $0.4859. At its current rate, investors will earn a dividend yield of 3.7%.
Source Fool.com
