Baby Boomers Hit the Passive Income Lottery With 5 Blue-Chip Dividend Stocks
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The Federal Reserve is expected to lower interest rates by 25 basis points in December, which could impact dividend stocks favored by Baby Boomers for passive income.
November 22, 2024 | 2:00 pm
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Dominion Energy, a blue-chip dividend stock, may see increased interest from investors seeking stable income as the Federal Reserve is expected to lower interest rates.
Lower interest rates generally make dividend stocks more attractive as they offer higher yields compared to fixed-income securities. Dominion Energy, being a blue-chip dividend stock, could see increased demand from investors seeking stable income.
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