5 “Strong Buy” Dividend Stocks for July 2021

5 “Strong Buy” Dividend Stocks for July 2021

Dividend stocks are popular for providing investors with a steady income flow. Furthermore, as dividends are paid out of profits and retained earnings, a dividend-paying company is usually stable and has strong earnings growth potential. Thus, adding a dividend stock into one's portfolio enhances overall returns in the long run and adds a much-needed safety net amid wild market swings.

Take Coca-Cola or Procter & Gamble stock as an example. Both of these companies have consistently paid dividends for a very long period and uninterruptedly increased it for more than 50 years. That means their shareholders were paid even during the down years.