The S&P 500 is a source of many reliable dividend stocks, making it appealing to investors focused on income. Recently, some notable stocks have experienced price drops, potentially creating opportunities for astute investors. Among these, three are particularly noteworthy because of their sustainable business models and attractive dividend yields.

First is 3M (NYSE:MMM), a company with diverse operations in technology and manufacturing. While facing legal issues that have affected its stock value, 3M still provides a consistent dividend yield. The company’s dedication to innovation in sectors like healthcare, consumer products, and industry provides a strong base for future expansion. Investors should note 3M’s long history of dividend payouts and its dedication to shareholder returns.

Walgreens Boots Alliance (NASDAQ:WBA) is another interesting option. As one of the world’s largest pharmacy chains, Walgreens is a vital part of healthcare. The company is implementing strategies to improve its online and in-person presence and broaden its healthcare offerings, which could fuel future growth. Despite recent market challenges, Walgreens’ significant dividend yield makes it an appealing choice for investors seeking income.

The third stock to consider is Intel (NASDAQ:INTC), a leading semiconductor manufacturer. Despite competition and market difficulties, Intel’s focus on innovation and expansion into emerging areas like artificial intelligence and 5G positions it well for the future. Intel’s dividend yield offers a strong incentive for investors to consider adding this technology leader to their portfolios.

In conclusion, despite the impact of market volatility on the stock values of 3M, Walgreens, and Intel, their solid business foundations and attractive dividend yields make them worth considering for investors seeking a balance of income and growth. As always, investors should do thorough research and assess their personal risk tolerance before making any investment decisions.

Footnotes:

• 3M’s stock performance has been affected by ongoing lawsuits related to earplugs. .
• Walgreens is putting in place strategies to improve its digital and healthcare services. .

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