Sun. Jul 14th, 2024

The 2 best dividend stocks to buy in 2024

By Vaseline May27,2024

Understanding candles in the stock market chart

As we approach a period of economic uncertainty, investors should look to dividend stocks to protect themselves from the harsh realities of the financial market. Dividend stocks are a good option because they provide regular income and a safety net regardless of the market cycle. Of course, this doesn’t mean they are risk-free, but if you want to protect yourself from volatility, they are the best choice.

  • The current economic uncertainty means investors need to make smarter moves in the market, and investing in dividend stocks is undoubtedly a smart move.

  • Coca-Cola is the world’s largest manufacturer of non-alcoholic beverages and a proven dividend stock in the most turbulent markets.

  • Verizon, the telecom giant, is a no-brainer when it comes to dividend stocks. The company has been paying dividends for 17 years in a row and offers numbers that are too attractive to ignore.

The opportunity to receive annual dividend payments based on stock ownership should not be missed, especially during times of economic uncertainty and inflation. Financial analyst at, Joel Lim, has identified two dividend stocks that could provide the kind of certainty investors need during this time. This is why you should buy Coca-Cola and Verizon ASAP.


Coca-Cola, probably the most popular soft drink company in the world, is largely considered a safe dividend stock because it offers the lowest level of risk and the highest return on investment. Coca-Cola has offered annual dividend payments for the past sixty years and the dividend yield is $3.06 per share.

Furthermore, its market cap stands at $269 billion, an impressive number any way you look at it. Not only has the company stood the test of time, the quarterly and annual figures are also favorable. A combination of all these factors is why Coca-Cola is considered the dividend king in the financial market.

Joel Lim notes: “Coca-Cola is a great option for investors looking for dividend stocks at the low end of the risk meter. It has set a good precedent by paying dividends for the past sixty years and would be an excellent addition to any investor’s portfolio.”


Another consistent and popular player in the dividend stock landscape is Verizon. Verizon, known for its dominance in the US telecommunications sector, recently posted impressive numbers and has been paying dividends for 17 years.

For example, Verizon offers an impressive dividend yield of 6.74% with a growth rate of 2.30% over the past ten years. It is one of the few stocks that has stood the test of time in the market. Verizon survived the 2008 financial crisis and has maintained a high return rate since then.

Joel Lim notes: “Verizon’s high numbers and resilience in the market make it an ideal option for investors looking for dividend stocks. With a dividend payout ratio of 58%, it emerges as a safe long-term investment option for investors in the financial market.”

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