On September 18, 2024, the Federal Reserve dropped its federal funds rate by 50 basis points (0.5%). Furthermore, the Fed has indicated that this is only the beginning of its campaign to lower interest rates through 2025.
Ironically, lower interest rates are likely to reignite inflation concerns. That makes this a good time to consider dividend-paying stocks. The steady income these stocks provide can act as a hedge against inflation. Dividends can also be a significant part of your total return.
The primary distinction between buying dividend stocks and growth stocks is the level of volatility involved. In general, dividend stocks tend to come from mature, established companies with strong fundamentals and a commitment to increasing shareholder value.
However, as with any investment, you don't want to pay more than you have to. In this special presentation, we're focusing on quality dividend stocks that you can buy for under $20 per share. This lets you build a substantial position with a nominal investment.
Click the "Continue to Slide #1" button to view the first company.
