Oddbean

The Smartest Dividend Stocks to Buy With $600 Right Now ========== Consumer spending drives the economy and is the perfect industry for finding quality dividend stocks. Several stellar dividend stocks are trading at low prices. These companies have years of growth and dividends on their resume, but have slipped due to fears that consumer spending is fading. The four stocks mentioned are Starbucks, Nike, Hershey, and McDonald's. Starbucks has a P/E ratio of 20 and offers a starting dividend yield of 3%. Nike's P/E ratio has fallen to 19 and it has a dividend that has grown for 23 straight years. Hershey's stock has a P/E ratio of 18 and offers a well-funded dividend that yields roughly 3%. McDonald's has a P/E ratio of 20 and is a dividend rock star with 49 years of consecutive dividend growth and a solid 2.7% starting yield. #DividendStocks #ConsumerSpending #Investing #Stocks #Starbucks #Nike #Hershey #Mcdonald's https://www.fool.com/investing/2024/07/13/the-smartest-dividend-stocks-to-buy-with-600-right/