Dividend investing has become an evergreen strategy, with many stock market participants opting to pad their portfolios with these income-generating stocks. This form of investing not only provides investors with a regular source of income in the form of periodic dividends, but there's also the potential for share price appreciation, as well.
That said, dividend stocks have struggled in 2023, with the group recording its worst first-half performance since 2009 as investors piled instead into artificial intelligence (AI)-fueled growth names. However, against a backdrop of rising geopolitical tensions and significant macroeconomic concerns, income plays are making a comeback in recent months.
