×

Strategist: Keep buying dividend stocks for the sideways year ahead

Traders
Joshua Lott | Getty Images

Investors should keep buying dividend stocks, especially ones with a history of increasing payouts, strategists at BMO Capital Markets told clients.

"Our work shows that dividend growth strategies are well-suited for range-bound market periods, an important point considering that we expect stocks to essentially tread water between now and year-end," wrote Brian Belski, chief investment strategist at BMO.

After enduring a tumultuous start to 2016, the S&P 500 index is back near where it ended last year, up about 2 percent.

Contact Investing

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.