3 Dividend Stocks to Double Up on Right Now

Coca-Cola (NYSE: KO) is a very well-run company, highlighted by its status as a Dividend King. But it is also expensive, with its price-to-sales (P/S) and price-to-earnings (P/E) ratios both above their five-year averages and its dividend yield near decade lows.Yes, it is a reliable and safe dividend stock, but it probably isn't worth chasing an overvalued stock if you are trying to find a safe haven during the current market storm. You'll be far better off looking at dividend stocks that are more attractively priced like Realty Income (NYSE: O), Hershey (NYSE: HSY), and Coca-Cola competitor PepsiCo (NASDAQ: PEP). Here's why.Over the past three years, Coca-Cola's stock price is up about 10%, while Realty Income's shares are down roughly 20%. The giant net lease real estate investment trust's (REIT's) 5.8% yield is near the highest levels of the past decade. This high yielder will likely be much more attractive than Coca-Cola for an income-focused investor.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool