3 Dividend Kings: Investing in Passive Income Gems Amidst a Hot Growth Stock Market
@NAI500:
Since 2023, many U.S. growth stocks that had plummeted last year are now reaching new 52-week highs, fueling optimism among investors. However, risk-averse investors are better off avoiding chasing these hotspots and focusing on passive income investment goals, such as the following three Dividend Kings.By evenly distributing investments in $Target(TGT)$, $Stanley Black & Decker(SWK)$, and $Canadian Utilities Ltd.(CDUAF)$, three dividend kings from different industries, the dividend yield of this portfolio can reach 4%.Buying the Dip on $Target(TGT)$ Target's stock price surged earlier this year but has declined nearly