Earnings season is underway, and stock market volatility is rising as companies give investors an updated reading on the state of business and the broader economy. Forty-year high inflation paired with recession fears contributed to the stock market's brutal first half of 2022. Add it all up, and there's a good deal of uncertainty weighing on the U.S. stock market right now.
Dividend stocks can ease the pressure of a bear market by providing investors with passive income without the need to sell stocks on the cheap. Johnson Controls (NYSE: JCI) , Deere (NYSE: DE) , and American Electric Power (NASDAQ: AEP) are down 42%, 32%, and 9%, respectively, from their all-time highs. Here's what makes each dividend stock a great buy now.
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Down Between 9% and 42%: 3 Top Dividend Stocks That Are Too Cheap to Ignore