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Jim Cramer says investors should buy these 11 recently-boosted dividend stocks

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CNBC’s Jim Cramer provided Thursday’s investors with a list of dividend stock yields that had recently increased that he feels buyers should include in their portfolio.

Dividends provide a solid defense against volatility in the market.Mad MoneyThey can make attractive investments in the portfolio of investors who are concerned about Russia’s invasion Ukraine and the soaring inflation, Covid, and market turmoil of recent weeks.

Cramer stated that you want safe and plentiful dividends. The best way to find out if a company has recently increased its payouts is to search for companies. This shows that they are confident in the future. He added that “plus, interest rates are rising, so only dividend boosters will be able to keep up with bond market competition.”

Cramer used only stocks that had raised their dividends by at least 20% to compile his list. He reduced his stock list from hundreds to just 200 stocks. S&P 500He reduced the list to 27 and then he narrowed it down to 11 stocks – those he thinks can outpace inflation, which he considers attractive to add to portfolios of buyers.

This is the full list.

  1. Pioneer Natural Resources
  2. Coterra Energy
  3. Devon Energy
  4. Halliburton
  5. Tractor Supply
  6. Best Buy
  7. Dollar General
  8. NXP Semiconductors
  9. Prologis
  10. Wells Fargo
  11. American Express

“When the Fed is tightening to combat rampant inflation, I don’t want you to overthink it — you want to circle the wagons around companies that are rapidly raising their dividends,” Cramer said.

Disclosure: Cramer’s Charitable Trust has shares of Devon and Halliburton as wells Wells Fargo.

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