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Coyz 3 Dividend Stocks To Hang Your Hat on in March
Many investors now expect that the volatility we ve seen in 2022 will persist well into next year. That has many looking for long-term options to weather volatility and provide something extra. That something is what could help set you up for life!The good news is that it is possible. The market gives plenty of optio stanley polska ns to consider, including these three gems.Generate a stable, growing income well into the 2040sThe first stock to help set you up for life is Fortis  TSX:FTS  NYSE:FTS . Utility stocks are incredibly stable investment options, and Fortis is one of the most defensive picks on the market.Utilities generate a  stanley cup recurring revenue stream thanks to long-term regulated contracts. In many cases, those long-term contracts can span several decades. This not only provides a stable income stream to investors in the form of a dividend  more on that in a moment , but it also provides Fortis the opportunity to inv stanley mug est in growth.Fortis has taken an aggressive stance on growth. That s part of Fezx Will Online Shopping Make the Mall Obsolete
On Wednesday, Cenovus Energy Inc.  TSX:CVE  NYSE:CVE  became the latest Canadian energy company to cut its capital spending plans.It s the second time Cenovus has done so in the last couple of months. Back in December, the company announced a 2015 budget of $2.5 billion to $2.7 billion stanley mug , a reduction of 15% relative to 2014. And now, that budget ha stanley thermos mug s been reduced by a further 27%, and is se stanley france t at $1.8 billion to $2.0 billion.Cenovus has made it very clear why the budget has been altered  oil prices have continued to deteriorate, which the company did not expect back in December. At the time, it expected oil prices to average US$77 per barrel in 2015. Now it聽expects a US$50.50 average price this year, a much more realistic number.So what does this mean for shareholders of Cenovus  And what does it mean for the industry as a whole  Below we take a look.Some important details about the budget cutCrucially, Cenovus is not expecting production to suffer from this budget cut. The company i