Surging inflation and impending interest increases are concerning investors. Furthermore, soaring oil and gas prices and supply disruption due to sanctions on Russia are putting further pressure on the stock market. However, hopes of an economic rebound still remain as worldwide COVID-19 restrictions continue to ease.
Therefore, it could be wise to invest in quality dividend stocks to ensure a steady income stream and dodge short-term market fluctuations. Investors’ interest in this strategy is evidenced by the Global X S&P 500 Quality Dividend ETF’s (QDIV) 5.6% returns over the past six months versus the SPDR S&P 500 Trust ETF’s (SPY) 5.7% decline.
