Love Dividends? Here Are 3 Stocks You Might Want to Buy
Dividend stocks might seem dull to growth-oriented investors, but they can generate stable returns through ugly economic downturns. Therefore, investors should always hold a few blue-chip dividend stocks, reinvest their dividends, and let the magic of compounding handle the rest.
Here are three dividend stocks that investors can comfortably buy and forget: General Mills (NYSE: GIS), Coca-Cola (NYSE: KO), and Cisco (NASDAQ: CSCO). Let's find out a bit more about them and why dividend lovers should consider them.
General Mills, the packaged foods giant that sells Cheerios, Yoplait, Häagen-Dazs, and other well-known brands, disappointed income investors when it froze its annual dividend hikes in 2018. It did so to reduce its debt after its $8 billion takeover of premium pet products maker Blue Buffalo.
Source Fool.com
