Author: Vitaliy Dadalyan

3 Safe Dividend Stocks Yielding 5%; Piper Sandler Says ‘Buy’

‘Be safe’ has become a standard greeting these days, an expression of concern between friends during a time of pandemic disease and widespread civic disturbances. It’s also a piece of wise advice for investors. Mixed messages from the markets are confusing investors – some indexes, the Dow Jones particularly but to a lesser extent the S&P 500, are indicating that we’ve reached plateau in the bull rally, while the NASDAQ continues its upward tear.Dividend stocks have long been a traditional ‘safe zone’ for investors looking for some portfolio protection. While these stocks typically offer a lower-than-average share appreciation, the dividend makes up for that by ensuring a steady income stream no matter how the shares move. The corona crisis has upended some of these calculations, however; as economies tanks and markets fell, companies tightened their belts and hunkered down – and many once-reliable dividends were slashed back, or suspended, or saw...