7 Safe Dividend Stocks to Buy
These 'low beta' dividend stocks are typically less volatile than their peers.
Choose low-volatility dividend stocks for stability.
Things have gotten a bit choppy on Wall Street in 2021 amid talk of rising prices and inflationary pressures. At the same time, the general notion that the "recovery trade" in anticipation of fewer pandemic-related restrictions this summer has pretty much run its course as investors who were front-running that trend piled in months ago. If you're concerned about a correction in an environment like this or looking to mitigate the chance of volatility in the long term, take a look at these seven safe dividend stocks. All offer dividend yields of more than 2% at present and are also "low beta" stocks – a statistical measure indicating they typically move less than the market at large. The risk is that if the entire market goes on a tear these low-beta investments will lag behind, of course. But if you're a low-risk investor looking for fewer bumps in the road more than a rocket to the moon, consider these less volatile dividend payers right now.
Seven safe dividend stocks to buy:
Crown Castle International Corp. (CCI)
FirstEnergy Corp. (FE)
Gilead Sciences (GILD)
The J.M. Smucker Co. (SJM)
Novo Nordisk (NVO)
Public Storage (PSA)
Walgreens Boots Alliance (WBA)
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