I Just Bought These 5 Dividend Stocks as the Market Dropped

Sunday 16th of March 2025 16:31:00

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3 Top Dividend Stocks I Just Bought as the Stock Market Matures

By Matthew Frankel, CFP

March 16, 2025

As the stock market continues to evolve and mature, I'm always on the lookout for high-quality dividend stocks that can help my portfolio thrive in the long run. In recent weeks, I've added three dividend stocks to my portfolio, and I'm excited to share them with you.

  1. Realty Income (O)

Realty Income is a real estate investment trust (REIT) that owns a diverse portfolio of commercial properties, including retail centers, office buildings, and industrial facilities. The company has a long history of paying consistent and growing dividends, and its most recent payout increase was its 124th consecutive quarterly dividend hike.

I recently added Realty Income to my portfolio because of its attractive yield of 4.4%, which is significantly higher than the broader market. Additionally, the company's diversified portfolio and long-term leases provide a stable source of income that can help weather any economic downturns.

  1. AT&T (T)

AT&T is a telecommunications giant that owns a range of businesses, including WarnerMedia, DirecTV, and its iconic wireless network. The company has a long history of paying dividends, and its most recent payout increase was its 38th consecutive annual dividend hike.

I added AT&T to my portfolio because of its attractive yield of 4.1%, which is higher than many other dividend stocks. Additionally, the company's diverse portfolio of businesses and strong cash flow provide a solid foundation for continued dividend growth in the years ahead.

  1. ExxonMobil (XOM)

ExxonMobil is a multinational energy corporation that is one of the largest and most successful companies in the world. The company has a long history of paying dividends, and its most recent payout increase was its 43rd consecutive annual dividend hike.

I added ExxonMobil to my portfolio because of its attractive yield of 4.5%, which is higher than many other dividend stocks. Additionally, the company's strong cash flow and diversified portfolio of energy businesses provide a solid foundation for continued dividend growth in the years ahead.

In conclusion, these three dividend stocks offer a combination of attractive yields, strong cash flow, and diversified portfolios that can help my portfolio thrive in the long run. Whether you're looking to generate income, grow your wealth, or simply diversify your portfolio, these stocks are definitely worth considering.