5 Safe And Cheap Dividend Stocks To Invest In (July 2020)

Seeking AlphaDividend Strategy5 Safe And Cheap Dividend Stocks To Invest In (July 2020)Jul. 4, 2020 9:10 AM ET|| Includes: ADP, AFL, BAC, CMCSA, EPD, ET, GD, GWW, HPQ, INTC, JNJ, MDT, PH, PRU, QSR, SPG, SPY, SWK, SWP, TD, TGT, TSN, VIAC, VIACA, WBA, XOMby: Financially Free InvestorFinancially Free Investor High Income DIY PortfoliosHigh-income, lower-risk portfolios suited for income-seeking investors.SummaryThis article is part of our monthly series, where we highlight five companies that are large cap, relatively safe, dividend paying, and are offering large discounts to their historical norms.
It's always a good idea to keep your wish list ready by separating the wheat from the chaff.
We go over the filtering process to select just five stocks from more than 7,500 companies that are traded on US exchanges, including OTC networks. We provide two groups of five stocks, each with different goals.
In spite of an incredible market recovery during the last three months, the overall outlook remains a bit murky. The recent rise in coronavirus cases in many of the southern states as well as states like California has raised the specter of a second wave of the pandemic. However, we are in the uncharted waters here, and no one, including the so-called experts, really knows how this thing is going to play out. Will a vaccine be ready before a serious second wave during the winter, or would we just have to learn to live with this virus for some time, or will the virus simply fade away? These are some of the questions that everyone is looking for answers. To top it, we are in the election year and partisan politics is at its worst. That said, so far, the market has taken all these uncertainties in stride and just ended the second quarter on a high note. However, the big question is where it goes from here.
Needless to say, there are many challenges and uncertainties that remain, and it's very difficult to know the future with any degree of certainty, especially in the... Read more