"One of the strongest ways to navigate an uncertain market is through dividend stocks. With hundreds of dividend stocks, you can pick the ones that have maintained and increased payments for years and have the ability to keep doing so. Generating passive income is a smart way to make your money work for you. The right stocks will have a yield higher than the S&P 500, and these companies will keep raising dividends."
"Target ( NYSE: TGT) has become a household name today. It offers household essentials like groceries, apparel, beauty products, accessories, and shoes. It has become a family shopping destination, and despite that, the stock trades at an attractive valuation today. Target has a dividend yield of 5.07%, and it is exchanging hands for $89, down 34% year-to-date. While this is a significant drop from the 52-week high of $161, it is an opportunity for investors to load up on the stock."
"The decline in stock price is due to rising prices, and consumers have been stretched lately, leading to a slump in sales. Target saw a 1.9% drop in same-store sales for the second quarter and management doesn't expect it to improve this year. However, the sales drop due to high inflation and tariffs could be a temporary factor."
Dividend stocks provide a way to navigate an uncertain market by selecting companies that have maintained and increased payments and can continue doing so. Generating passive income from dividends helps make money work for investors. The right dividend stocks will yield more than the S&P 500 and continue raising payouts. Some dividend-paying companies currently have depressed share prices, creating buying opportunities ahead of economic improvement, potential rate cuts, and stronger business fundamentals. Target serves as an example: it sells household essentials, yields 5.07%, trades near $89 (down 34% year-to-date from a $161 52-week high), and reported a 1.9% same-store sales decline in Q2.
Read at 24/7 Wall St.
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