Dividend stocks have long been a popular choice for investors seeking a variety of advantages. They provide a viable hedge or buffer against economic downturns and market volatility. During times of recession or inflation, many investors look at dividend stocks like Exxon Mobil Corporation. According to an S&P report, dividend growers are some of the best investments available to investors. By 2020, over 1,000 companies would have offered some form of DRIP to their investors. This is approximately double the number of firms that did so a decade ago.
Insider Monkey takes a look at the 10 best no-fee DRIP stocks to buy now. The company ranks tenth. Its headquarters are in North Chicago, Illinois. As of July, Raymond James analyst Jayson Bedford increased his price target on Abbott Laboratories to $128. Chubb Limited is an insurance company specializing in property and casualty. It comes in at number nine on our list of the best no-fee DRIP stocks to buy right now. The company operates through the following segments: North America Property and Casualty, Agricultural, Overseas General, Global Reinsurance, and Life Insurance. Emerson Electric Co. is a global technology and engineering company that designs and manufactures products for industrial, commercial, and consumer markets. It comes in at number eight on our list of the best no-fee DRIP stocks to buy right now. The company ranks seventh. Citigroup analyst Andrew Kaplowitz increased his price target on Illinois Tool Works Inc. shares in August. Aflac Incorporated is a health and life insurance company. It is ranked sixth on the list of the best no-fee DRIP stocks to invest in right now. Revenue was $5.56 billion, up 2.9 percent year over year and exceeding analysts’ expectations. For more details, click 10 Best No-Fee DRIP Stocks To Buy Now.
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