Looking to invest $5000 in dividend stocks? Here are three options to consider.
1. AT&T (T): With a current dividend yield of around 6%, AT&T is a solid choice for income investors. The telecommunications giant has a long history of paying dividends and has a strong track record of generating cash flow to support its dividend payments.
2. Johnson & Johnson (JNJ): Johnson & Johnson is a diversified healthcare company that offers a mix of stability and growth potential. With a dividend yield of around 2.5%, JNJ has a history of increasing its dividend payments year after year.
3. Exxon Mobil (XOM): Exxon Mobil is one of the largest oil and gas companies in the world, with a dividend yield of around 5%. Despite the challenges facing the energy sector, Exxon Mobil has a strong balance sheet and a commitment to maintaining its dividend payments.
These three dividend stocks offer a mix of income and growth potential for investors looking to build a diversified portfolio. Remember to do your own research and consult with a financial advisor before making any investment decisions.