Nasdaq Correction: 3 Safe High-Yield Dividend Stocks to Buy Now
The Nasdaq Composite (NASDAQINDEX: ^IXIC) started this week tumbling 4% on Monday -- the index's worst day since September 2022 -- and is still 12.5% off its all-time highs after today's trading session.When the major indexes are making new all-time highs, it's easy to overlook the benefits of dividend stocks. But when the market is down, it's easier to appreciate the reliable income that dividends provide. They offer a way to book a return without selling shares, which can be useful for investors supplementing income in retirement or wanting extra dry powder that they can reinvest.PepsiCo (NASDAQ: PEP), Chevron (NYSE: CVX), and Southern Company (NYSE: SO) have high yields that can provide ample passive income. Here's why all three dividend stocks are worth buying now.Continue reading
The Nasdaq Composite (NASDAQINDEX: ^IXIC) started this week tumbling 4% on Monday -- the index's worst day since September 2022 -- and is still 12.5% off its all-time highs after today's trading session.
When the major indexes are making new all-time highs, it's easy to overlook the benefits of dividend stocks. But when the market is down, it's easier to appreciate the reliable income that dividends provide. They offer a way to book a return without selling shares, which can be useful for investors supplementing income in retirement or wanting extra dry powder that they can reinvest.
PepsiCo (NASDAQ: PEP), Chevron (NYSE: CVX), and Southern Company (NYSE: SO) have high yields that can provide ample passive income. Here's why all three dividend stocks are worth buying now.
