For some investors, the dream isn’t finding a diamond in the rough. They aren’t interested in finding Apple when it was trading for under $5 a share and holding it until it traded for over $150 a share. No, some investors are looking for stocks with steady dividends.
Sure they want some growth and stock appreciation, but the goal is to find some stocks with steady dividends and carry little risk.
If you are this type of investor, then today’s post is just for you. I’m going to highlight 5 great stocks that you can invest in and not have to worry if they are going out of business tomorrow. Nor do you have to worry that the dividend will be cut when the company misses on their quarterly earnings.
These stocks are for investors who want their investments to work for them while they go and play. With that said, let’s get started!
5 Great Stocks With Steady Dividends
#1. Main Street Capital (NYSE:Â MAIN)
Main Street Capital is a stock not many investors might know about. They are a business development company. In other words, the company provides debt and equity financing to medium sized businesses.
The biggest risk to investors of Main Street Capital is a recession. When the market falls, so too does the income the company makes from their equity positions. This will have an impact on the stock price and the dividends they are able to pay out.
While the stock market has been on a tear lately, there are no signs of a recession. A correction is possible, but no signs of a recession so investors should not worry.
#2. WP Carey (NYSE:Â WPC)
Of all of the stocks on this list, WP Carey is probably the safest one you can own. They are a real estate investment trust and while you might think back to the horror of 2008, understand this.
WP Carey has over 900 global properties that have long term lease agreements. And by long term, the majority have close to 9 years remaining. So the company is going to have steady income for the next decade.
