Worried about a market pullback?
Let’s discuss seven sturdy dividends with yields up to 8%. These are “low beta” stocks, which means they stand tall when the market sinks. Low beta stocks may still go down, but they tend to regress less than average.
And generally speaking, the lower the beta, the more cushion to the downside. The lower a stock’s beta, the less volatile (the less it moves) compared to a benchmark (like the S&P 500).
Then we want to pair low beta with high dividend yields. Not only is that dividend income an additional source of return, but it also attracts buyers during market scares, which in turn can buoy our shares.
Let’s look at several examples, which yield at least 5% and all the way up to 8%.
This post originally appeared at Contrarian Outlook.