These dividend stocks could give your portfolio a boost, says Bank of America
Bank of America's Savita Subramanian screened for names with sustainable above-market dividends.
TL;DR
- Investors seeking stability in volatile markets should consider dividend stocks, but avoid those with the highest yields.
- Look for companies with sustainable, above-market dividend yields that are not stretched.
- Bank of America Securities' Savita Subramanian recommends companies with sustainable dividends.
- Examples of qualifying stocks include Chevron, Duke Energy, Gap, and Host Hotels & Resorts, each with varying yields and recent performance.
- These companies are suggested as less likely to be distressed compared to those offering the highest yields.