CINF - Buying This Dividend King Right Now Is a Smart Move for Income Investors
Dividend stocks can provide relatively stable sources of passive income for investors -- funds that they can use to pay bills or reinvest in the stock market.
Today's investors must consider inflation, rising interest rates, and a potential economic recession. In this environment, the best companies to invest in are those with steady cash flows, strong balance sheets, and proven histories of performing well in challenging markets. Dividend King Cincinnati Financial (NASDAQ: CINF) qualifies on all of those fronts, and is a smart buy today.
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Buying This Dividend King Right Now Is a Smart Move for Income Investors