Bargain Hunters: These 3 Dividend Stocks Recently Hit New 52-Week Lows
These blue chip stocks are on sale, and they pay more than double what you'd get with the average S&P 500 stock.
Bargain Hunters: These 3 Dividend Stocks Recently Hit New 52-Week Lows
Overview
Dividend stocks that have fallen to 52-week lows can be enticing options to buy. When share prices drop, that means the yield you're collecting rises, since it means it costs less to acquire a piece of the business, and thus, the dividend income represents a greater proportion of the money you invest. Plus, at a lower price, there's the potential to profit from a rise in price should the stock rally in the future.
Three dividend stocks that recently hit new lows that you may want to consider buying today include McDonald's (NYSE: MCD), AT&T (NYSE: T), and Unilever (NYSE: UL).
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Originally published at www.fool.com.
