The Smartest Dividend Stocks to Buy With $3,000 Right Now

Investing in the stock market is an excellent way to build wealth. It can also be an effective way to generate passive income, allowing you to earn money while you sleep. Dividend stocks, which pay investors a portion of a company's profits, reward shareholders and are often backed by solid businesses.However, not all dividend stocks are equal. Some companies may offer a high payout that tends to fluctuate based on earnings, making them less reliable for income investors. Others are committed to increasing their dividends each year. According to one study conducted by Hartford Funds and Ned Davis Research, companies that consistently increase their dividend payout outperform those with no dividend or those that do not raise their dividend -- and with less volatility.Besides income, dividend stocks can provide stability as part of a diversified portfolio. If you have $3,000 you're looking to put to work in the market, here are four dividend stocks you can consider purchasing today.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool