Investor Keeps 3 Dividend Stocks as Bear Market Fears Build Near Record Highs
Updated
Updated · The Motley Fool · Jun 27
Investor Keeps 3 Dividend Stocks as Bear Market Fears Build Near Record Highs
1 articles · Updated · The Motley Fool · Jun 27
Summary
Three dividend names—Medtronic, Realty Income and Nucor—are being held through an expected deep bear market rather than sold into market strength.
Bearish positioning reflects stocks near all-time highs, heavy concentration in a few tech giants, and worries about inflation, recession and geopolitical conflict.
Medtronic offers a 3.5% yield and 49 straight years of dividend increases, while management says annual revenue growth just hit its highest level in a decade.
Realty Income yields 5.2%, has raised its dividend for 31 years and kept occupancy above 96% even during the Great Recession across its 15,500-property portfolio.
Nucor yields just 0.9% but has lifted its dividend for more than 50 consecutive years, underscoring the view that durable operators can outlast the next downturn.