18.12.2024 11:15:00

The Smartest Dividend Stocks to Buy With $500 Right Now

As an investor, your goal is to select quality stocks that will advance over a period of years -- but this doesn't mean you have to wait a long time for all of the rewards. If you add a few dividend stocks to your portfolio, you'll start collecting returns on a regular basis -- without lifting a finger. And another positive point here is, no matter what the market or the particular stock is doing, you'll still collect this passive income every year. This offers you an extra boost during good times and limits your losses during tough times.Loads of companies pay dividends, so it might seem difficult make a selection. A great way to start is to consider the list of Dividend Kings, companies that have increased their dividend payments for at least 50 consecutive years. This shows they're committed to rewarding shareholders, and it's likely they'll stick with this policy. And here's some great news: You don't need a fortune to start investing in Dividend Kings or to add some to your portfolio. With $500 -- or even less -- you can pick up the following three smart dividend buys.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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