The Smartest Dividend Stocks to Buy With $400 Right Now
Saturday, 13 April 2024, 09:47
The Smartest Dividend Stocks to Buy With $400 Right Now
Introduction
These three stocks are bargains with great dividends. Wondering if investing in dividend stocks is a smart move? I'd point you to Warren Buffett. Buffett's Berkshire Hathaway portfolio is loaded with dividend stocks. And he's one of the most intelligent investors of all time.
Top Picks
- Ares Capital: Ares Capital is the biggest publicly traded business development company (BDC) providing capital to the middle market. The BDC appears to be in a solid position to keep paying dividends at least at current levels.
- Enterprise Products Partners: A leader in the U.S. midstream-energy industry with over 50,000 miles of pipelines. The company's juicy distribution yield justifies the extra effort with tax preparation.
- Pfizer: A big pharma stock with an affordable valuation and increasing distribution yield. The company expects stronger growth over the next few years despite current challenges.
Before you invest, consider the opportunities and potential risks in the market for these smart dividend stocks.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.