Investing $25,000 in This Basket of Dividend Stocks Could Give You $750 in 2022 Income
Despite some recent turbulence, 2021 is shaping up to be yet another banner year in the U.S. stock market. The S&P 500 is up 23% as of this writing, which is significantly higher than its historical average. If you had said that the world would plunge into a global pandemic in early 2020 that would last through at least the end of 2021, few investors would have predicted that the U.S. stock market would be up 43% over that time frame.
Investors looking to fortify their portfolios in 2022 should consider investing in Chevron (NYSE: CVX), United Parcel Service (NYSE: UPS), and Procter & Gamble (NYSE: PG), which, as I write this, have dividend yields of 4.7%, 2%, and 2.2%, respectively. Splitting $25,000 equally among the three at those yields would result in a dividend payout of roughly $750.
Here's what makes each company a great buy now.
Source Fool.com
