The S&P 500's Yield Is at Historic Lows. Here Are 3 Dividend Stocks I'd Buy in September.
Dividend investors can find amazing yields among the largest consumer brands.
Overview
The S&P 500 (SNPINDEX: ^GSPC) dividend yield is hovering around a historic low near 1%. If you're trying to generate more passive income, you don't have to settle for that. Some of the best-known consumer brands offer higher yields.
Three quality dividend stocks I'd buy this month are McDonald's (NYSE: MCD), Colgate-Palmolive (NYSE: CL), and Procter & Gamble (NYSE: PG). These stocks yield 2.3% or more, and their dividends are supported by strong free cash flow.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.