5 Safe Dividend Stocks Yielding 5% or More to Buy Right Now for Durable Passive Income
The stock market has slumped sharply this year due to concerns that tariffs could cause a recession. One positive from the sell-off is that lower stock prices cause dividend yields to rise. Because of that, investors can lock in dividend yields of 5% or more on some high-quality companies right now. That positions them to collect durable passive income streams even if there is an economic downturn. Here are five safe dividend stocks to buy right now for resilient dividend income. Dominion Energy (NYSE: D) currently yields 5.1%. The utility generates very stable cash flow by supplying electricity and natural gas to customers in Virginia and the Carolinas. Government regulators set rates, while demand for energy tends to be stable, even during a recession.Continue reading
The stock market has slumped sharply this year due to concerns that tariffs could cause a recession. One positive from the sell-off is that lower stock prices cause dividend yields to rise. Because of that, investors can lock in dividend yields of 5% or more on some high-quality companies right now. That positions them to collect durable passive income streams even if there is an economic downturn.
Here are five safe dividend stocks to buy right now for resilient dividend income.
Dominion Energy (NYSE: D) currently yields 5.1%. The utility generates very stable cash flow by supplying electricity and natural gas to customers in Virginia and the Carolinas. Government regulators set rates, while demand for energy tends to be stable, even during a recession.
