Saturday, August 8, 2020

5 Best Dividend Stocks to Buy in August

For your weekend reading and since there's been a lot of talk of late about using dividend stocks for both better yield and at the same time good risk management, I post this recent article from U.S. News about some solid companies that are paying dividends with yields even higher than the market.  Safety and profit too -- who can beat that?  Enjoy the rest of the weekend.  

7-30-20 5 Best Dividend Stocks to Buy in August | Stock Market News | US News

5 Best Dividend Stocks to Buy in August

Above-average yields and strong momentum make these companies stand out.

By Jeff Reeves, ContributorJuly 30, 2020, at 1:55 p.m.

5 Best Dividend Stocks to Buy in August

AS WALL STREET continues to digest second-quarter earnings reports, investors have been focusing on how the pandemic has reshaped many businesses in the first half of the year.

There are undeniably some names that have run into trouble; however, several standout stocks have not only bounced back from the early troubles of 2020 but continue to power higher – paying juicy dividends to their shareholders to boot.

If you're looking for a stock that yields better than the typical S&P 500 company and has momentum at its back, consider one of these high-flying dividend stocks to buy for August:

  • Cincinnati Financial Corp. (ticker: CINF).
  • Medifast (MED).
  • Taiwan Semiconductor Manufacturing (TSM).
  • Watsco (WSO).
  • Whirlpool Corp. (WHR).


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