Dividend stocks are attractive following the Cliff deal, says BlackRock's Russ Koesterich,...

|By:, SA News Editor

Dividend stocks are attractive following the Cliff deal, says BlackRock's Russ Koesterich, noting just a modest bump in dividend tax rates affecting just a small ratio of taxpayers. Current low payout ratios give companies ample room to raise payouts. Avoid Treasurys, he says, and focus on credit sectors (HYG, PDI, IVR - just to name a few), and municipals (MUB).