Don't write off dividend stocks yet
With fiscal expansion likely and bond yields set to rise, a focus on dividend growth could offer both income and attractive returns.
EVEN if the Federal Reserve raises rates, dividend growth stocks will offer critical income.
The US Federal Reserve will gather in two weeks' time and is widely expected to increase interest rates. This would mark the Fed's only hike in 2016, despite early-year indications of many more.
The path thereafter is less clear, though growing reflationary forces, reinforced by a likely fiscal expansion under US president-elect Donald Trump and new appointments to the Fed board, could imply a more hawkish central bank down the road.
Copyright SPH Media. All rights reserved.