Why You Should Be Buying Dividend Stocks Now
By The Smart Investor  •  November 29, 2022
It’s been a rough ride this year for growth investors. Rising interest rates, coupled with a lower appetite for losses, have dented confidence in the once red-hot sector. The NASDAQ Composite Index, well-known for being a bellwether technology growth stock index, has skidded 29% year to date and is mired in a punishing bear market. Large-cap technology stocks such as Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) have tumbled 45% and 33% year to date, respectively. On the flip side, stocks that dole out dividends have held up relatively well. Investors are glad to receive a steady stream of income that can help them through these challenging times. And as the spectre of a recession looms, perhaps it’s time you should consider parking some money in dividend stocks. Here are some great reasons why dividend stocks make sense within your portfolio. Robust balance sheet, strong cash generation Companies that pay out dividends are usually armed with a...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.

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