3 Dividend Aristocrats to Buy if Interest Rates Spike to 8%
In his annual letter to shareholders, JPMorgan (NYSE:JPM) CEO Jamie Dimon warned that interest rates could rise to “8% or even more.” As the head of the largest bank in America, Dimon is very attuned to the impact of rising interest rates on consumers, companies and the global economy. For investors, Dividend Aristocrat stocks should become more appealing as long-term buys should interest rates rise.When interest rates rise, dividend-paying stocks tend to suffer as investors prefer less risky fixed-income i ...