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With investment themes like the adoption of cryptocurrency, sending rockets to Mars, and using artificial intelligence to find cures for some of the world’s most intractable diseases, the idea of ​​investing in blue-chip stocks can seem boring. But boring stocks can be great additions to your portfolio.

Blue chip companies are known for being at a mature stage of their business cycle. These are not the companies you would expect to be disruptive. And their innovation largely comes from acquiring smaller companies.

But what these companies may lack is providing fundamentals. Investing in blue chip stocks means you are investing in companies with a solid balance sheet that provides stable revenue and earnings. In many cases, these companies reward shareholders by buying back shares and paying out a portion of those profits as dividends.

These are all reasons why blue chip stocks are often called “sleep at night” stocks because you have the confidence that these stocks will last for the long term and you don’t have to worry about sudden short-term changes. moves in one direction or another.

If this sounds like the kind of stock you’re looking for during this most recent period of market volatility, here are three blue-chip dividend stocks that offer investors future growth in addition to attractive value.

Coca-Cola shows that beauty is in the eye of the beholder

Coca-Cola Company NYSE: K.O.is an iconic blue-chip stock that many investors consider Warren Buffett’s favorite. But is that enough to believe this dividend king can give a buy-and-hold portfolio a boost?

On the one hand, you can argue that the company is having a hard time achieving growth. Despite moving into new categories such as energy drinks, the company is struggling to improve its top line. This means that the company’s profit growth is driven by higher prices rather than higher volumes.

However, if you take a long-term view and look at stocks that have the potential to outperform the broader market, KO stock still looks attractive. Over the past five years, the stock has had a total return of 24.24%. Not only is this above the sector average of 14%, but it also beats the S&P 500’s total return of 14.87% over the same period. As part of these total profits, you receive a dividend yielding 3.15% at the time of this writing.

General Dynamics is not your average defense contractor

Many investors expect aerospace stocks like General Dynamics Corp. New York Stock Exchange: GD with the advent of Trump 2.0 will soar even higher. But this did not happen, and this is because of Musk’s first friend, Elon Musk’s DOGE Commission, which He is tasked with rooting out government waste and inefficiency.

Defense spending, being one of the main items of the federal budget, seems to be a primary goal. Time will show. But even if that’s the case, General Dynamics appears to be in a safe position.

To begin with, there will always be a market and need for physical weapons that the company supplies, such as the Abrams tank. Second, in February 2024, General Dynamics was awarded a $922 million contract to modernize the IT infrastructure of US Central Command (CENTCOM). Part of this contract will include the Luna artificial intelligence system, specifically designed for government and defense applications.

This means you can look beyond the short term and look at stocks that have had a total return of more than 64% over the past five years. Moreover, at 19 times forward earnings, GD shares trade below the sector average of about 27 times.

ExxonMobil will do well even if oil prices don’t fall

Investors are starting to wonder what “storms, baby, storms” really means for oil prices. Simply put, the more oil companies like ExxonMobil Corporation. New York Stock Exchange: gold production, the lower the price of oil becomes. This will mean lower profits for oil companies and, most likely, lower stock prices.

Oil companies are used to this dance of supply and demand, and steps have been taken to ensure it doesn’t drag on too long. The company unveiled its December corporate plan, which includes everything investors need to know, including earnings and cash flow expectations, capital return programs and cost savings targets. In fact, the company, which has already reached breakeven with oil prices around $50 per barrel, is making plans to turn a profit even with oil prices around $30 per barrel.

This means you can look beyond the headlines and appreciate the value of XOM stock, which trades at 14 times forward earnings and pays a dividend that has grown for 24 straight years.