The latest federal interest rate increase has fostered mixed investor sentiment. While the concerns over the interest rate hikes have been significantly factored into share prices, the stock market is expected to remain volatile in the near term, given current geopolitical tensions and high inflation. Therefore, betting on quality dividend stocks could be a winning strategy.
Among the dividend-paying stocks are dividend aristocrats, which have a long history of outperforming the market. Investors’ interest in dividend aristocrats is evident from the ProShares S&P 500 Dividend Aristocrats ETF’s (NOBL) 2.3% returns over the past month.
