Yes, the market has taken on a little water over the past week, and it looks like stocks have yet to hit their ultimate bottom.
There’s an upside to the current bout of market misery, however — the yields on dividend stocks have been ratcheted up, even if only because stock prices have been whittled down.
That’s why rather than fretting over the implosion, now’s the time for income investors to start looking for names with a strong dividend yield. After all, for quality dividend stocks, the payout can be perpetual; this market blip will be over before some investors even realize it’s started.
There are a handful of dividend stocks with a particularly attractive dividend yield right now, thanks to the recent lull. In no particular order …