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18.05.2025 21:00:00
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The Smartest High-Yielding Dividend Stocks in the S&P 500 Index to Buy With $3,000 Right Now
The stock market has been incredibly volatile this year, registering a nearly 20% fall from February highs before bouncing back with a roughly 20% gain since President Donald Trump's sweeping tariff announcement in April. Two of the three major indexes entered bear market territory at one point.Not everyone has the stomach for this kind of volatility as it can be incredibly stressful to see so much movement in such a short time period. Many investors prefer to focus on passive income by purchasing stocks with healthy, growing dividends. For those intrigued by this approach, here are the smartest dividend stocks in the broader benchmark S&P 500 index to buy with $3,000 right now.Tobacco company Philip Morris International (NYSE: PM) was spun off from its parent company, Altria Group (formerly Philip Morris Companies Inc.), and taken public in 2008. It was also around this time that the company made the decision to shift its focus from cigarettes to smoke-free products such as ZYN and iQOS.Continue readingWeiter zum vollständigen Artikel bei MotleyFool