If you’re new to buying dividend stocks, it is important to know which dividend stocks are preferable in advance. That’s because not all dividend stocks are affordable or will be profitable in the long run. So it pays to do your due diligence way ahead of the time of purchase.
Best Five Dividend Stocks to Buy
Lowe’s Companies, Inc. home improvement retailer is considered a “Buy” option by analysts because it is still posting a solid performance in the market despite being hit hard by retail theft resulting in certain inventory shrink.
Realty Income Corp. real estate investment trust is another darling of the analysts and is listed as a “Buy” option. The most notable news about this company is that it is investing in Bellagio Las Vegas for a 22% stake.
Chevron Corp. -Analysts recommend this stock of this US-based integrated energy and chemicals company as a “Buy” as well. The petroleum giant is also investing in an electric vehicle charging company named Electric Era.
Target Corp. – It is a US-based general merchandise retailer in the discount stores industry that has also earned a “Buy” status from analysts. Target recently revealed that it is releasing more affordable toy products in anticipation of the Christmas holiday season.
Starbucks Corp. – This company which operates a chain of specialty coffee shops in the US and in different countries garnered another “Buy” rating from analysts after it released a statement that it will reportedly invest in more branches within the US.
What to Look for in Dividend Stocks
If this is your rookie foray into dividend stock trading, it is important to be aware of certain factors that can influence your stock trading success.
As you can see, dividend stock trading and investing is a fascinating topic. This may be why many investors, such as the famous Warren Buffett, are willing to keep investing over time. There is much to learn about dividend stocks – hence, experience is often the best teacher. If you are cautious yet educated enough, you might literally be the next Warren Buffett though it remains to be seen whether you will be as successful as him in the world of dividend stock trading and investing.