The Smartest Dividend King Stocks to Buy With $2,000 Right Now
If you are a dividend lover, then you have very likely heard of Dividend Kings. These companies have increased their dividend payout every year for at least five decades. You can't do that without having a strong business plan that gets executed well in both good markets and bad.If you have $2,000 in cash (or any amount really) available to invest and you like the idea of owning reliable dividend stocks, you should be looking at Dividend Kings Nucor (NYSE: NUE), Black Hills (NYSE: BKH), and Stanley Black & Decker (NYSE: SWK) right now. While all three share some qualities that make them great buys, each one fits a bit of a different niche in an investment portfolio.Steelmaker Nucor's stock has lost more than a third of its value since hitting a peak in early 2024. Before jumping to the conclusion that something must be wrong with Nucor, it's important to remember the industry in which it operates. Steel is a highly cyclical business, and the current drop is really related to weakening industry conditions. It is not because Nucor has suddenly lost its way.Continue reading
If you are a dividend lover, then you have very likely heard of Dividend Kings. These companies have increased their dividend payout every year for at least five decades. You can't do that without having a strong business plan that gets executed well in both good markets and bad.
If you have $2,000 in cash (or any amount really) available to invest and you like the idea of owning reliable dividend stocks, you should be looking at Dividend Kings Nucor (NYSE: NUE), Black Hills (NYSE: BKH), and Stanley Black & Decker (NYSE: SWK) right now. While all three share some qualities that make them great buys, each one fits a bit of a different niche in an investment portfolio.
Steelmaker Nucor's stock has lost more than a third of its value since hitting a peak in early 2024. Before jumping to the conclusion that something must be wrong with Nucor, it's important to remember the industry in which it operates. Steel is a highly cyclical business, and the current drop is really related to weakening industry conditions. It is not because Nucor has suddenly lost its way.
