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Investor Jenny Harrington's top income plays yield around 5% — and offer some tariff protection
Michelle Fox - CNBC -
08/04
Navigating the market's wild swings may be nerve-wracking, but these five dividend stocks can help smooth the ride, according to investor Jenny Harrington.
Navigating the market's wild swings may be nerve-wracking, but certain dividend stocks can help smooth the ride, according to investor Jenny Harrington. Stocks rebounded on Tuesday after three sessions of steep declines. The market rout began after President Donald Trump announced his sweeping tariff policy last week. On Monday, the S & P 500 briefly entered bear market territory, but was up 3.8% on Tuesday. Harrington, CEO of Gilman Hill Asset Management, focuses on creating income that is not only attractive but keeps flowing even during difficult times. That can stop investors from selling when the market tumbles, she said. "The emotional comfort that this portfolio brings by reminding clients, 'Don't worry, your income's there. Don't worry your income is safe,' is a huge risk mitigating factor, because it mitigates the biggest risk of all — which is bad behavior at the wro... [Short citation of 8% of the original article]
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