Given the low-interest-rate environment and current market volatility, dividend investing is gaining popularity. We think investors looking to hedge their retirement portfolios against market volatility could bet on dividend aristocrats Medtronic (NYSE:), Target (TGT), Archer-Daniels-Midland (ADM), West Pharmaceutical (WST), and A. O. Smith (AOS). The stocks’ exceptional dividend growth history makes them one of the most reliable income sources in these uncertain times. Please continue reading. The reemergence of COVID-19 cases remains a concern for investors. Market pressure will also be maintained by the Evergrande Group’s liquidity crisis. This has caused global markets to shake off. Although the Federal Reserve has indicated that they could raise rates 6 to 7 times by 2024, the Fed is keeping interest rates near zero for the time being.

Given the market’s volatility and the low-interest-rate environment, investors are betting on dividend stocks to ensure a steady income stream. For investors who want to build retirement savings, a steady income stream is crucial. Investors can bet on dividend-aristocrats that are fundamentally sound. These blue-chip companies have strong balance sheets, and they are known for their consistent dividend growth.

Medtronic plc (MDT), Target Corporation (NYSE:), Archer-Daniels-Midland Company (NYSE:), West Pharmaceutical Services, Inc. (NYSE:), and A. O. Smith Corporation (AOS) could be appropriate dividend aristocrats on which to bet now. These stocks are currently rated ‘Strong Buy’ or ‘Buy’ in our proprietary stock-rating system.

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