The stock market's performance has been dismal since the beginning of the year. The consumer price index for January is expected to rise 7.2% year-over-year, its highest increase since 1982. And with an interest rate expected imminently, the market’s dour mood could continue for an extended period. However, hope for a market rebound is widespread because the global logistical gridlock is gradually easing.
Dividend stocks whose companies have robust financials are good bets amid such market uncertainty because they ensure a steady income stream irrespective of market movements. However, one should ensure limited downside risk before betting on a dividend stock.
