The Smartest Dividend Stocks to Buy With $400 Right Now
From Nasdaq:
In any market, dividend stocks are a smart addition for your portfolio, providing stability during tough times and adding to returns in bullish markets. If you have $400 to invest, look for stocks with a track record of increasing dividends and potential for earnings growth. Consider Coca-Cola, Abbott Laboratories, and Apple as smart choices.
Coca-Cola is a Dividend King, raising annual dividends for at least 50 years, and has a 3.10% dividend yield. The company also reported revenue growth, showing financial stability. With popular beverage brands and a growing market share, Coca-Cola presents a great long-term investment option.
Abbott Laboratories is another Dividend King, offering a 1.96% dividend yield. This healthcare company has a strong financial position and diverse business units, making it a solid choice for steady earnings and growth potential.
Apple, despite not having a lengthy dividend growth track record, has a 0.52% dividend yield and strong, steady earnings growth potential, thanks to its high free cash flow. It has also shown impressive market gains and continues to make revenue progress quarter after quarter.
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