Pursuits
Buy Dividend-Based Stocks During Market Turbulence, RBC Says
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Dividend-based equity portfolios tend to perform better than others regardless of the economic environment, and are attractive amid the recent turbulence, Royal Bank of Canada’s Myles Zyblock said in a note today.
Using dividend-paying stocks to raise portfolios’ income exposure could provide insulation during market volatility, Zyblock wrote in the note. He recommended 15 stocks that recently raised their dividends and are rated “outperform” by RBC fundamental analysts, including Amgen Inc., the world’s largest biotechnology company, and Intel Corp., the world’s biggest computer-chip maker.