This post was originally published on this site
Given this backdrop, one of the ways to protect an investment portfolio against a potential loss could be adding fundamentally sound stocks that pay high dividends. Because the Fed is still committed to maintaining ultra-low benchmark interest rates, many stocks’ dividend yields look attractive compared to the yields of safer instruments.
Wall Street analysts expect high dividend-paying stocks Chevron Corporation (NYSE:CVX), British American Tobacco (BTI), and Sumitomo Mitsui Financial Group , Inc. (SMFG) to rally by more than 15% in price in the coming months. So, we think it could be wise to bet on these stocks.
