economy
Dividend stocks outperformed the S&P in July. Wall Street says these names will go higher
Investors tend to turn to dividend-payers to help ride out market volatility.
TL;DR
- Dividend stocks generally performed better than the S&P 500 in July.
- Dividend Aristocrats, companies that have increased payouts for 25 consecutive years, are seen as a way to navigate market volatility.
- CNBC Pro identified Dividend Aristocrats with at least 15% upside to their price targets and strong buy ratings from analysts.
- Albemarle, Air Products and Chemicals, and Walmart are highlighted as specific dividend stocks with analyst-backed upside potential.
- Factors like predictable returns, inflation offsets, and historical payout increases make dividend stocks appealing.