The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay them.
A high dividend is meaningless if the stock's losses more than offset the yield. Ideally, investors should identify dividend stocks that also have significant valuation upside.
