Dividend stocks recommended for $1,000 investments

Investors facing economic uncertainty may want to consider dividend-paying stocks for their portfolios. Dividend stocks can provide steady income and are often seen as more stable compared to growth stocks. While growth stocks are exciting, they can be pricier and more volatile, making them riskier investments. One option is Constellation Brands, which makes popular alcoholic beverages like Corona and Modelo. Its stock is currently valued lower than its five-year average. Constellation offers a dividend yield of 2.25%, which has been growing at an average of 6% per year. Another choice is Western Union, known for transferring money globally. It features a high dividend yield of 8.7%. Although this yield is generous, potential economic challenges may affect the company's performance, so investors should keep an eye on its developments. The Campbell's Company, which expanded beyond soups, has a dividend yield of 4%. It has been increasing its dividend by 2% annually over the past five years. Its current stock value is slightly below its five-year average. PepsiCo is also a strong candidate for dividend investors. Known for its snacks and beverages, PepsiCo offers a 3.6% dividend yield with a growth rate of 7% annually. Its stock is trading at a price deemed lower than its historical average. These examples show that you don't need a lot of money to start investing in dividends. Even $100 can help you begin your investment journey.