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7 Best Dividend Stocks to Buy for October
According to Stanford GSB professor Stefan Nagel’s 2008 research, “investors are more inclined to spend dividends and reinvest capital gains.” The idea of mental accounting, which was addressed by Richard Thaler in 1980, explains this behavior. Consumers do not view capital gains and dividends as interchangeable, according to the idea. The goal is to spend revenue rather than capital. Dividends are also seen as a reliable source of income. With this in mind, it’s easy to see why dividend stocks are so appealing to investors.
With the holiday season approaching, this topic seemed to be timely. Some high-yielding dividend companies might help investors improve their income in time for the holidays.
Furthermore, dividend stocks are often low-beta. With the possibility of Fed tapering looming, some volatility is to be expected. As a result, it makes sense to go long low-beta stocks.
As a result, I’ve identified seven dividend companies that I think are both attractive in the short and long term. Furthermore, I feel these equities are cheap and have room to grow. They are as follows:
