Seeking at Least 9% Dividend Yield? Wells Fargo Suggests 2 Dividend Stocks to Buy
https://finance.yahoo.com/news/seeking-least-9-dividend-yield-132415298.html
Summary
- The article discusses two stocks that offer a dividend yield of at least 9%: Chesapeake Energy Corporation (CHK) and Crescent Point Energy Corp. (CPG).
- Both stocks are exploration and production companies with a strong track record of paying dividends.
- CHK is an American company with assets in the Eagle Ford, Haynesville, and Marcellus shale formations.
- CPG is a Canadian company with assets in the Western Canadian Sedimentary Basin.
- Both stocks are currently trading at attractive valuations.
- The article also discusses the benefits of investing in dividend stocks, such as their ability to provide a steady income stream and their potential to outperform the market during periods of volatility.
Overall, the article provides investors with two attractive options for stocks that offer a high dividend yield. Both stocks have a strong track record of paying dividends and are currently trading at attractive valuations. Investors who are looking for a steady income stream or who want to protect their portfolio from inflation may want to consider investing in one of these stocks.
Comment
This is a recommendation for stocks that give a lot of dividends in traditional industries.
The best way to hedge against inflation is to invest in REITs or natural resource sectors, which are representative assets that can track inflation.
When investing in dividend stocks, you should always look to see if the share price remains constant and whether the dividend is growing or holding steady.