5 Dividend Growth Stocks— and an ETF—Offering Shelter From a Wobbly Market – Barron's

By DailyBubble On Sep 8, 2024 9 0

Investors seeking stability in a volatile market may want to consider dividend growth stocks. These stocks not only provide regular income through dividends but also have a history of increasing those dividends over time. Here are five dividend growth stocks, along with an ETF, that could offer shelter in uncertain times.

1. Johnson & Johnson (JNJ): This healthcare giant has a long track record of increasing its dividend. With a diversified portfolio of products and a strong balance sheet, Johnson & Johnson is a solid choice for income investors.

2. Procter & Gamble (PG): As a consumer goods company, Procter & Gamble offers products that people use every day. The company has a history of raising its dividend and has shown resilience in turbulent markets.

3. Coca-Cola (KO): Coca-Cola is a global beverage leader with a strong brand and a solid business model. The company has a long history of paying dividends and has consistently raised them over the years.

4. PepsiCo (PEP): Another beverage giant, PepsiCo has a diverse portfolio of snacks and beverages. The company’s strong cash flow and commitment to returning capital to shareholders make it a reliable choice for dividend investors.

5. Target (TGT): Target is a retail giant that has adapted well to the changing retail landscape. The company has a strong e-commerce presence and a loyal customer base, making it a promising investment for those seeking dividend growth.

ETF: Vanguard Dividend Appreciation ETF (VIG): For investors looking for diversification, the Vanguard Dividend Appreciation ETF offers exposure to a wide range of dividend growth stocks. This ETF tracks the performance of companies that have a history of increasing their dividends year over year.

In uncertain times, dividend growth stocks and ETFs can provide stability and income for investors. By choosing companies with a solid track record of dividend growth, investors can weather market volatility with confidence.