After a rough September, during which the S&P 500 fell 4%, October seems like a great time for investors to scoop up some deals. And whether you’re looking to boost your returns or just love to watch money flow into your portfolio every quarter, dividend stocks can be attractive investments.
Shares of Gilead Sciences (NASDAQ:GILD) and Kraft Heinz (NASDAQ:KHC) were both down more than 5% last month, making their dividend yields more attractive in the process. The stocks couldn’t be more different — Gilead is a biotech company with high hopes for its COVID-19 treatment and Kraft controls dozens of grocery store staple brands. Here’s a look at why both of these discount buys are worth adding to your portfolio this month.
1. Gilead Sciences
Drugmaker Gilead Sciences is down 2% this year, trading right around where it started off a volatile 2020. The share price