Unbeatable Income: 3 Dividend Stocks Shielded from Trade Wars
Is It Time to Buy These 3 Tariff-Proof Dividend Stocks?
Investors have been searching for ways to navigate the uncertainty of tariffs and trade wars. One strategy is to focus on dividend stocks that are less likely to be affected by tariffs. Here are three tariff-proof dividend stocks that could be worth considering:
-
Procter & Gamble (PG) - With a dividend yield of around 2.3%, Procter & Gamble is a stalwart dividend payer that has been increasing its dividend for over 60 years. The company's portfolio of consumer goods, including Tide laundry detergent, Pampers diapers, and Gillette razors, is less likely to be affected by tariffs. P&G's diversified portfolio and strong brand recognition make it a solid choice for dividend investors.
-
Coca-Cola (KO) - With a dividend yield of around 2.7%, Coca-Cola is another well-established dividend payer that has been increasing its dividend for over 50 years. The company's portfolio of beverages, including Coca-Cola, Fanta, and Sprite, is less likely to be affected by tariffs. Coca-Cola's global reach and diversified portfolio make it a solid choice for dividend investors.
-
3M (MMM) - With a dividend yield of around 3.3%, 3M is a diversified conglomerate that has been increasing its dividend for over 100 years. The company's portfolio of products, including Post-it Notes, Scotch Tape, and Thinsulate insulation, is less likely to be affected by tariffs. 3M's diversified portfolio and strong brand recognition make it a solid choice for dividend investors.
While no investment is completely tariff-proof, these three dividend stocks have a lower risk of being affected by tariffs due to their diversified portfolios and strong brand recognition. As always, it's important to do your own research and consider your own investment goals and risk tolerance before making any investment decisions.