UBS recommends these dividend growers to combat a slowing economy, tougher market


A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange.

Michael Nagle | Bloomberg | Getty Images

U.S. stock markets are near record high levels and UBS strategists are predicting a continued slowdown in the economy, which the firm expects will pressure the S&P 500 until the middle of next year. So the firm gave clients a list of dividend stocks it believe will outperform in this environment.

“To help investors navigate this uncertain environment, and to sort through the many ways of looking at dividends, we’ve run a series of screens on U.S. stocks covered by UBS analysts,” the firm said.

UBS looked at stocks it has a buy rating on, with a current dividend yield greater than 1% and a forecast for strong dividend growth over the next three years.

Products You May Like

Articles You May Like

‘Insulin or groceries’: How reduced unemployment affects struggling Americans from California to Mississippi
All Pain, No Gain: Risking The Public’s Health Does Not Lead To Faster Economic Recovery
Lowe’s giving out COVID-19 relief grants up to $20,000 for small businesses through nonprofit LISC
Virgin Galactic partners with Rolls-Royce as it looks to build an aircraft for supersonic air travel
Second Stimulus Check Confirmed: Will African Americans Be Left Behind?

Leave a Reply

Your email address will not be published. Required fields are marked *