Get Paid While You Wait: 3 Top Dividend Stocks in Retail
Many brick-and-mortar retailers have struggled through the "retail apocalypse" over the past decade, as the growth of e-commerce platforms, superstores, and off-price retailers have turned the market upside down.
That sector was already wobbly, but the COVID-19 crisis knocked it over with mass store closures this year. Those closures forced struggling retailers like J.C. Penney to file for Chapter 11 bankruptcy protection, while others slashed or suspended their dividend payments.
Yet not all retailers were stuck in that sinking boat. In fact, several major retailers remained open throughout the crisis, generated higher sales as shoppers stocked up on essentials, and remained committed to their dividend payments.
Source Fool.com
