2 Dividend Stocks to Double Up On Right Now

Higher interest rates have been a double whammy on dividend stocks over the past several quarters. They increase companies' borrowing costs. On top of that, these higher rates weighed on the valuations of companies that pay higher-yielding dividends. Higher rates make lower-risk income investments (think bonds and bank CDs) more attractive. As a result, dividend stock prices need to fall, pushing their yields higher. That higher yield compensates investors for their higher risk profiles. The sell-off in div ...