9 Dividend Stocks to Buy as Inflation Protection

Dividend stocks from resilient sectors can effectively offset inflation.

The U.S. consumer price index rose 8.3% year over year in April

and inflation remains near its highest levels in 40 years.

Supply chain disruptions and booming economic reopening demand have sent prices soaring, pressuring American budgets and sending costs persistently higher for certain economic sectors

Inflation can completely negate fixed-income returns

but dividend stocks in inflation-resistant sectors such as energy, consumer staples, real estate and materials can be an excellent way for investors to offset the negative impacts of inflation

Here are 5 dividend stocks to buy with at least 2% yields that can help investors combat inflation, according to CFRA analysts.

– Exxon Mobil Corp. (XOM) – Procter & Gamble Co. (PG) – Coca-Cola Co. (KO) – PepsiCo Inc. (PEP) – Philip Morris International Inc. (PM)