Dividend stocks are viewed as a safe investment during market downturns, as companies that regularly pay dividends tend to be stronger, more resilient businesses. Investors can benefit from passive income while enjoying lower volatility in their portfolios. The article highlights specific stocks like Oracle, which raised its dividend by 25% and has a strong backlog of revenue, and Applied Materials, which increased its dividend by 15%. Expert ratings suggest these stocks continue to have growth potential in challenging markets.
Companies that consistently pay dividends tend to be safer, high-quality businesses with a history of weathering downturns.
If you're looking to protect your portfolio from incessant volatility, jump into dividend stocks.
Oracle just increased its dividend by 25% to 50 cents, representing a yield of about 1.5% based on its current price.
Analysts at Deutsche Bank have a buy rating on Oracle stock with a $200 price target, citing it as one of the strong cloud providers.
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