BIPC - Roundtable: 5 Top Dividend Stocks to Buy Right Now
Lots of stocks look overvalued right now. Even the valuation of the overall S&P 500 is approaching a 15-year high, at 21.6 times earnings. If you're a value investor, that number probably makes you want to ignore the stock market altogether.
But there's another option: investing in reliable dividend stocks. Buying a stock that offers a solid quarterly payout helps your portfolio earn money as you wait for valuations to cool down.
With that in mind, we asked five Motley Fool contributors for their top picks of dividend stocks to buy now. They came back with Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC), Microsoft (NASDAQ: MSFT), Clearway Energy (NYSE: CWEN), American Express (NYSE: AXP), and Essential Utilities (NYSE: WTRG). Here's why.