The Smartest Dividend Stocks to Buy With $5,000 Right Now – Yahoo Canada Finance

If you have $5,000 to invest in dividend stocks, there are some smart options to consider. Dividend stocks are a great way to earn passive income while also potentially growing your investment over time. Here are some of the smartest dividend stocks to buy right now.

1. Johnson & Johnson (JNJ): This healthcare giant has a long history of paying dividends and has consistently increased its payouts over the years. With a strong balance sheet and diverse product portfolio, Johnson & Johnson is a solid choice for long-term investors.

2. AT&T (T): This telecommunications company is known for its high dividend yield, making it an attractive option for income investors. Despite facing some challenges in recent years, AT&T remains a solid choice for those looking for a steady stream of income.

3. Procter & Gamble (PG): As a consumer goods company, Procter & Gamble offers stability and reliability for investors. With a strong brand portfolio and consistent dividend growth, Procter & Gamble is a safe bet for those looking to invest in dividend stocks.

4. Coca-Cola (KO): Coca-Cola is a well-known beverage company that has a long history of paying dividends. With a global presence and strong brand recognition, Coca-Cola is a solid choice for investors looking for a steady stream of income.

5. Apple (AAPL): While not traditionally known for its dividends, Apple has been increasing its payouts in recent years. With a strong balance sheet and a growing services business, Apple is a smart choice for investors looking for both growth and income.

Investing in dividend stocks can be a great way to build wealth over time. By choosing solid companies with a history of paying dividends, you can earn passive income while also potentially benefiting from capital appreciation. Consider these smart dividend stocks if you have $5,000 to invest right now.

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