Although a fresh bout of anxieties set in amid the Fed’s hawkish statements and stronger-than-expected job report, with inflation slightly cooled this month and jitters over banking contagion ebbing away, investors’ optimism has kicked in. However, with price fluctuations not subsiding anytime soon, let us probe into dividend stocks Verizon Communications Inc. (VZ), Altria Group, Inc. (MO), and Spok Holdings, Inc. (SPOK) now.
Investors’ sentiments were dashed by the increasing likelihood of a half-point interest rate hike on the backs of the Fed’s hawkish comments and overly hot hiring of 311,000 in February. However, with the inflation rate coming in line with expectations, investor optimism rekindled.
