3 Top Dividend Stocks to Buy in March
With the echoes of the Fed's recent rate cut still ringing, these are trying times for income investors. Falling interest rates drive the price of dividend stocks higher, which lowers their dividend yields to better reflect the market's average payout. But, the inevitable bounce back of interest rates may ultimately work against the principal value of dividend-paying holdings. What are dividend fans to do?
The simplest and best answer is: Don't sweat it. The discussion of how changes in interest rates pose different risks to dividend stocks might make for good headlines, but it's a discussion that changes little about the reality income-seekers constantly face. That is, sometimes the environment works for you, and sometimes against you. Long-term owners of high-quality dividend payers need not worry about the short-term ebb and flow. Prices for most blue chip dividend stocks tend to self-adjust in a way that reflects the market's prevailing, risk-adjusted payouts at any given time.
To that end, here's a rundown of three top dividend stocks to buy in March, each beaten down by COVID-19 coronavirus and economic scares a little more than they should have been.
Source Fool.com
