Is Pinnacle West Capital Corporation (PNW) the Safest Dividend Stock to Buy Now?
From Yahoo Finance: 2025-04-13 17:46:00
The article highlights the 10 safest dividend stocks to buy now, with a focus on Pinnacle West Capital Corporation (NYSE:PNW). Amidst trade tensions and market volatility, dividend stocks are seen as stable investments. President Trump’s recent tariff policy update has impacted global trade, emphasizing the need for stable equities. Safe dividend stocks offer income and defensiveness, crucial in today’s market. With criteria like market cap, performance, and dividend yield, the article ranks PNW as the 6th safest dividend stock, appealing to conservative investors seeking low-risk options with a 2.94% dividend yield and institutional backing from 38 hedge funds.
Read more at Yahoo Finance: Is Pinnacle West Capital Corporation (PNW) the Safest Dividend Stock to Buy Now?