Today, I provide 10 of my best dividend stock ideas for the month of July. I believe these dividend stocks are a great way to add balance and passive income to a long-term portfolio. Compounding is the eighth wonder of the world, and dividends are a great way to accelerate your wealth. Two of my favorite dividend stocks on the list are Deere & Company (NYSE: DE) and Microsoft (NASDAQ: MSFT). To see the other eight dividend stock picks and more information, please watch the below video.
*Stock prices used in the below video were during the trading day of July 7, 2022. The video was published on July 7, 2022.
10 stocks we like better than Deere & Company
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Eric Cuka has positions in Broadcom Ltd, Deere & Company, Intel, and Microsoft. The Motley Fool has positions in and recommends Activision Blizzard, Intel, Logitech International, Microsoft, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Broadcom Ltd, Pool, and VMware and recommends the following options: long January 2023 $57.50 calls on Intel and short January 2023 $57.50 puts on Intel. The Motley Fool has a disclosure policy. Eric is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
