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While it’s easy to pick from the most popular companies, like the Apples and Nvidias of the world, sometimes a more defensive pick is also warranted. I’m talking about stocks that pay you income as you hold them, making them perfect for volatile markets and uncertain economies.
While it’s easy to get lost in the noise, picking quality names from the Dividend Kings list can be an excellent starting point to narrow down the search. Dividend Kings are companies that have consistently paid and increased their dividends for at least the last 50 years. The list represents financially stable companies that are prudent in their actions and can still grow their business. Now, these companies are usually expensive, which means their yields are also typically low. But with the recent pullback, some are trading at attractive valuations, allowing you to snag some bargains.