When a raging bull market eventually loses momentum, investors generally rotate into stable, income-generating stocks.
When most stocks look expensive, dividend stocks can be reliable income payors that send you checks regularly
However, investing in broad index funds isn’t the solution either, with the S&P 500 Index’s average dividend yield near an all-time low of 1.05%. If you’re looking to generate real income, you have to hunt for individual standouts. There are still a few quality dividend stocks investors can buy today, even in this age of low yields.
Here’s why Pfizer (NYSE: PFE) and Nintendo (OTC: NTDOY) are two forgotten dividend stocks investors can lap up for their portfolios today. Pfizer’s high dividend payment Pfizer is a pharmaceutical giant whose stock has been stuck in the mud. In fact, over the last five years, the stock’s shares have fallen 38% while the broad indexes have soared.