My 2 Favorite Dividend Stocks to Buy in August
These are two stocks that pay investors a regular income.
Overview
When a raging bull market eventually loses momentum, investors generally rotate into stable, income-generating stocks. When most stocks look expensive, dividend stocks can be reliable income payors that send you checks regularly.
However, investing in broad index funds isn't the solution either, with the S&P 500 Index's average dividend yield near an all-time low of 1.05%. If you're looking to generate real income, you have to hunt for individual standouts.
Details
There are still a few quality dividend stocks investors can buy today, even in this age of low yields. Here's why Pfizer (NYSE: PFE) and Nintendo (OTC: NTDOY) are two forgotten dividend stocks investors can lap up for their portfolios today.
Source
Originally published at www.fool.com.