© Reuters stocks 5 undervalued dividends in October
Rising Treasury yields and inflation fears are leading to extreme volatility in recent markets. Therefore, investors are looking to hedge their portfolios with dividend-paying stocks Gilead Sciences (NASDAQ :), BASF (BASFY), Dow (DOW), KT (NYSE :), and Hillenbrand (NYSE :), which appear to be undervalued. The current price level has been boosting U.S. Treasury yields since the Fed signaled the start of bond tapping in the near term and raised inflation rate estimates for this year. It has seen a significant drop in the benchmark index this week. On Thursday, the S&P 500 dropped its worst monthly percentage since the onset of the epidemic.
Due to concerns related to delta coronavirus diversification, inflation and the continued expansion of the Fed’s taper talks, a defensive investment strategy may now be appropriate.
Dividend payers Stock Gilead Sciences, Inc. (GILD), BASF SE (OTC :), Dow Inc. (DOO), Katie Corporation (Katie), and Helenbrand, Inc. (HI) Securing income streams can now be the ideal bet.
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