Published on 30 Mar 2023 on Zacks via Yahoo Finance
5 Dividend Growth Stocks to Buy Amid Looming Uncertainty
The U.S. stock market is recovering from the steep losses incurred in the previous year. However, its momentum has slowed recently due to uncertainty surrounding the Federal Reserve's plans to hike rates and concerns about a potential recession. As a result, investors are becoming more interested in dividend investing as a way to generate reliable income. While dividend stocks may not provide significant price appreciation, they offer a steady source of income that can help investors build wealth even when the equity market is volatile.
The stocks discussed in this article have the potential to gain more as they have a favorable Zacks Rank. Notably, stocks with a strong history of year-over-year dividend growth form a healthy portfolio, with a greater scope of capital appreciation than simple dividend-paying stocks or those with high yields. We have selected five dividend growth stocks — Barings BDC BBDC, Arbor Realty Trust ABR, Ares Capital ARCC, Hercules Capital HTGC and TriplePoint Venture Growth BDC TPVG — that could be compelling picks amid market volatility.
Why Dividend Growth?