Stocks

2 Resilient Dividend Stocks to Outpace Inflation

Published January 22, 2024

In the continuous quest for financial security amidst inflationary pressures, investors often seek refuge in stocks that not only provide consistent dividends but also boast yields surpassing inflation rates. Two companies, T and MO, stand out in their respective industries for offering such investment shelters.

T: A Communications Powerhouse

T, known as AT&T Inc., serves as a global leader in telecommunications and is noted as the largest in the field. While registered in Delaware, the company's operational hub rests within the Whitacre Tower in Downtown Dallas, Texas. With an impressive portfolio as the second biggest provider of mobile phone services, T has a reputation for rewarding shareholders with robust dividend yields, often outpacing the inflation rate, thus presenting a sturdy option for investors looking to maintain purchasing power in the long term.

MO: A Tobacco Titan's Offering

Altria Group, Inc., previously named Philip Morris Companies, Inc., commands significant market presence as one of the leading tobacco corporations globally. With headquarters stationed in Henrico County, Virginia, close to Richmond, MO extends its influence with a diversified collection of tobacco products and related goods. This powerhouse is well-recognized for dishing out dividends that frequently exceed prevailing inflation rates, solidifying its status as a strong candidate for investors aiming to combat inflationary losses within their portfolios.

Both T and MO have demonstrated a commitment to not just sustaining but increasing their dividends over time, making them appealing choices for those seeking steady income streams from their investments. With dividends consistently towering above inflation, these stocks offer a semblance of security for investors in an economic landscape often riddled with uncertainties.

dividend, inflation, investment