i'm looking into the best dividend stocks - and SAFEST.
I want to move my savings i have in my bank account getting less than 1% interest to a dividend stock to improve my monthly income off of it.
Right now I'm looking at REML, T, MO, XOM, MJ, ARR, CLM, OXLC, AGNC
Any feedback on these tickers? Any better names to look into?
Looking for safe stocks, maybe some that are beaten down and good dividend so i can make money when stock comes back up along with the dividend
thanks for any and all feedback!
1% interest beats a 4% dividend on a stock that's down 5%.
Dividend payers don't offer much protection against market risk. And with an uncertain future, there's always risk of a dividend cut, even with companies that you may deem to be "safe."
Look at Ford (F). 6% dividend cut to zero. Just one example of many.