Published on 29 Nov 2021 on Insider Monkey via Yahoo Finance
10 Safe Dividend Stocks to Invest In
In this article, we will be taking a look at 10 safe dividend stocks to invest in. To skip our detailed analysis of dividend investing, you can go directly to see the 5 Safe Dividend Stocks to Invest In.
Although dividend investing cannot be described as a risk-free investment, if you study the market and stocks thoroughly, stocks seen to be stable or rising in value consistently for over a decade or so can be called safe. Stocks such as Pfizer Inc. (NYSE:PFE), Target Corporation (NYSE:TGT), and Walmart Inc. (NYSE:WMT) can be considered safe as they have provided their investors with consistent dividends for many years.
Stocks with high dividend yields usually have high risks attached to them, however, that is not always the case. For instance, a Global X report on high yielding dividend stocks found these stocks to have generated an annual dividend yield of 6.4%. The report also found that these stocks outperformed the S&P 500 by about 3% annually. Both these findings are based on research on dividend stocks between 1960 and 2017.