3 No-Brainer Dividend Stocks to Buy Right Now
When it comes to dividend stocks, I like to consider multiple criteria, not just dividend yield, dividend growth record, or other factors. Focus too much on dividend yield, and you could become overexposed to potential yield traps.
Focus too much on dividend growth track record, and you may end up buying too many of the lower-yield dividend growth stars of yesteryear, forsaking any up-and-coming names offering higher forward yields that could be Dividend Kings in the making.
With this in mind, weighing yield against dividend growth history, as well as by dividend payout ratios, I have come across three stocks that, at today's prices, seem like ideal choices for a dividend stock portfolio: Dillard's (NYSE: DDS), Nexstar Broadcast Group (NASDAQ: NXST), and (NYSE: TGT).
Source Fool.com
Target Corp. Stock
Our community is currently high on Target Corp. with 24 Buy predictions and 7 Sell predictions.
At the moment Target Corp. has reached the predicted target price of 98 €, with a current price of 97.48 €.
