The S&P 500 is down about 7% year to date. Overall, it’s down by nearly a percent in the last six months. And that’s why dependable dividend stocks are crucial for long-term investors looking to grow their wealth in good times and bad.
After a multi-year stretch of go-go growth, we’re now entering a new phase of the market. The big money is already rotating out of momentum-driven growth and looking for value again.
That means companies with earnings are gaining favor as interest rates start to climb. And many quality companies with strong fundamentals are dividend stocks. They tend to get overlooked in the good times.
But solid, dependable growth and a dividend to match provide long-term investors a solid base in turbulent times. Here are seven companies that offer that combination.The post 7 Dependable Dividend Stocks for Your Retirement appeared first on InvestorPlace.