While the benchmark indexes show some strength lately, it could still be volatile October due to potential supply chain issues and monetary policy change concerns. Given the uncertain market conditions, we believe the recent price dips in dividend aristocrats Walgreens Boots (WBA), West Pharmaceutical (WST), and W.W. Grainger (GWW) offer solid entry opportunities.After a rocky start to October, the major benchmark indices finished Thursday with a three-session winning streak, triggered by optimism surrounding Senate Majority Leader Chuck Schumer’s recent announcement that lawmakers have reached a deal to increase the debt ceiling in the near term to avoid a government default. The uncertainty surrounding the infrastructure bill and potential changes in monetary policy, as well as supply chain restrictions, means that October will be volatile.

Dividend-paying stocks are a great investment because they reduce portfolio risk and provide a stable income stream. This is especially important when the market is volatile. Investors’ confidence in dividend aristocrats is evident from the First Trust S&P International Dividend Aristocrats ETF’s (FID) 22.8% return over the past year.

Fundamentally sound dividend aristocrats Walgreens Boots Alliance, Inc., West Pharmaceutical Services, Inc., (NYSE:) and W.W. Grainger, Inc., which recently saw price drops, might be good bets. These companies’ attractive dividend yields, solid growth and excellent performance could allow investors to avoid volatility in the market.

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