Got $5,000? These 2 Dividend Stocks Are Near Their 52-Week Lows
If you're an income investor, you always want to keep an eye on falling dividend stocks. The reason: A drop in share price means that you can collect the same dividend at a lower price, allowing you to lock in a higher yield. As long as the business' fundamentals remain sound, it could be a terrific opportunity to add a good, income-generating stock to your portfolio.
A couple of dividend stocks that currently are down and trading near their 52-week lows include Baxter International (NYSE: BAX) and Cisco Systems (NASDAQ: CSCO). Investing $5,000 in these two stocks can generate a modest amount of dividend income, and these payouts could grow over time as well.