In a volatile market, it’s important to safeguard your portfolio with dividend growth stocks and an ETF. These investments can provide stability and steady income even when the market is turbulent.
Here are five dividend growth stocks to consider adding to your portfolio:
1. Procter & Gamble (PG): This consumer goods giant has a long history of increasing dividends and a strong market presence.
2. Johnson & Johnson (JNJ): A healthcare juggernaut, Johnson & Johnson has a diversified product portfolio and a track record of consistent dividend growth.
3. Coca-Cola (KO): As a leading beverage company, Coca-Cola offers a reliable source of income for investors looking for stability.
4. Microsoft (MSFT): This tech giant has seen impressive growth in recent years and continues to reward shareholders with increasing dividends.
5. McDonald’s (MCD): A staple in the fast-food industry, McDonald’s offers investors a solid dividend yield and a stable business model.
In addition to these individual stocks, consider adding an ETF like the Vanguard Dividend Appreciation ETF (VIG) to your portfolio. This ETF tracks the performance of companies with a history of increasing dividends, providing diversification and income for investors.
By incorporating dividend growth stocks and an ETF into your portfolio, you can help safeguard against market volatility and ensure a steady stream of income for the long term.