The Smartest Dividend Stock to Buy With $1,000 Right Now
This Dividend King belongs in the portfolios of dividend-seeking investors.
Overview
You might hear about people living off their dividends, but that's not the reality for most. However, you shouldn't get discouraged and avoid making investments. After all, receiving regular dividends can reduce a stock's volatility and produce a nice total return when added to capital appreciation.
Small investors can purchase dividend stocks and enjoy the benefits of regular payouts. The key isn't to wait until you have a large sum. Rather, pick a sum that you're comfortable investing.
Details
While shares of dividend-paying companies tend to do well over time, stock selection matters, naturally. For as little as an initial $1,000, you can invest in Coca-Cola (NYSE: KO) shares. Here's why that should prove to be a sound investment.
Source
Originally published at www.fool.com.