Bad news for your friends who only own “America’s ticker”—the S&P 500. We’re set up for a September swoon that could easily send the SPDR S&P 500 ETF (SPY) down 5% or more from current levels.
Good news for us income investors—we’re going to have a great dip to buy some of our favorite dividend payers.
We’ll talk about the best dividend stocks for September in a moment. We’ll specifically highlight two “low-drama dividends,” too.
First, let’s discuss why we need to get ready for a pullback.
History Points to a September Swoon …
For one, if we look back to 1945, as the folks at CFRA Research did, we’ll see that September has been the worst month for stocks, with positive returns just 45% of the time.… Read more