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)
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