Investors looking to earn income and keep pace with inflation should turn to dividend-growth stocks, according to investor Kevin Simpson. Dividend stocks in general should get a boost from the Federal Reserve 's rate-cutting cycle, he said. As yields come down in bonds, dividend payers begin to look relatively more attractive to income investors. The central bank is set to meet next week and the market is pricing in 99% odds of another rate cut. It meets again in December, when it is also expected to decrease rates. Yet not all dividend stocks are created equal. Simpson, founder and chief investment officer of Capital Wealth Planning, prefers those that consistently grow their payouts. He said his thesis is a simple one: find companies that are increasing earnings, which should cause their
These top dividend stock picks can help power your portfolio higher, says investor Kevin Simpson
CNBC Stock Market5 hrs ago
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