During a market downturn like the one we've been in throughout most of this year, it can be difficult for investors to keep their composure. With the S&P 500 index down 19% so far in 2022, what can an investor do to remain calm amid market turmoil?
I can't speak for others, but I have found reassurance during this market downturn by turning to the consistency of high-quality dividend growth stocks. One of these stocks, Genuine Parts (NYSE: GPC) , has managed to operate consistently enough to boost its annual dividend for 66 consecutive years. This comfortably meets the requirement (along with being an S&P 500 stock) to carry the title of Dividend King . As investors flock to stocks that are viewed as safe picks, Genuine Parts benefits even more (the stock price is up 28% year to date).
Even with this impressive outperformance, the stock still appears to be a buy for dividend growth investors. Let's take a peek under Genuine Parts' hood to find out why.
For further details see:
Here's a Dividend King to Buy and Hold Forever