Despite a rally by the major stock market indexes over the past two days on the Fed’s indication that it will leave interest rates unchanged for now, the market is expected to remain volatile on concerns over a decline in consumer confidence and increasing COVID-19 cases. To ensure a stable income stream, it might be wise to place your bets on high-yielding dividend stocks PJSC LUKOIL LUKOY OTC Dow (DOW), Coca-Cola NYSE:) FEMSA KOF and Vector Group NYSE: These stocks have an overall ‘Strong Buy’ rating in our proprietary rating system. So, let’s take a closer look.After a weak start to the week, the major stock market indexes have rallied over the past two days, with investors looking past the Evergrande debt crisis in China. The market also sloughed off the Federal Reserve’s announcement on September 22 that it will likely reduce its monthly bond purchases as soon as November.

The Conference Board reported that the Consumer Confidence Index fell to 113.8 points in August. This is the lowest point since February. There are also more COVID-19-related cases. Many still believe that the stock market will continue to fall in the short term. To ensure steady income, it might be a good idea to now invest in dividend stocks with high-yielding quality. Janus Henderson, a British asset management firm, raised its 2021 global dividend forecast from $1.36 trillion to $1.39 trillion. This is just 3% less than the peak before the pandemic.

Strong fundamentals, high dividend yields, and excellent dividend yields are the hallmarks of PJSC LUKOIL(LUKOY), Dow Inc./DOW, Coca-Cola FEMSA. de C.V. (KOF), and Vector Group Ltd . These companies are solid investments now. They have consistently paid dividends and are rated A (Strong Buy), in the POWR Ratings System.

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