1 No-Brainer Dividend Stock to Buy if the Market Falls Again

By James Brumley – Apr 11, 2026 at 4:05AM ESTKey PointsThe home gardening trend continues to pick up steam.A so-so 2025 has unduly punished this particular company’s stock.In addition to its current income and income potential, for the time being, this name also offers some short-term recovery potential.We've certainly seen a handful of solidly bullish days of late. Broadly speaking, though, the market's still at risk of a full-blown correction. At the very least, investors would be wise to remain defensively minded. To this end, there's one particular dividend stock that will not only become more attractive on any marketwide pullback, but could generate valuable income if that setback turns into prolonged weakness. That stock is Tractor Supply (TSCO 1.35%). Digging deeper into its home-farming business It's not one of the market's go-to companies for income-seeking investors. Don't be fooled by its small size, though. TSCO stock packs a pretty powerful punch...for a couple of reasons. One of these reasons is the business itself. If you're not familiar with it, Tractor Supply is home and garden supply retailer. Its 2,395 stores largely located in rural markets sell everything from seeds to soil to shovels to sprinklers, and anything else someone might need to tend to their small garden, or even a larger farm! The company did $15.5 billion worth of business last year, up 4.3% from 2024's top line. Image source: Getty Images. No, it's not a particularly exciting business, but it's a good one for a range of reasons. Higher living costs, health concerns, and sheer preference are all driving the home gardening trend. Market research outfit Axiom indicates that the 47.6% of Americans that spent more time gardening in 2025 than they did in 2024, which is the highest increase since pandemic-crimped 2022. And nearly half of these consumers spent more money on their home gardens last year as well, while more than half expect to spend more time and money on gardening in 2026. Connect the dots. There's still plenty of growth opportunity ahead for this business, as consumers continue embracing the lifestyle, as well as its straightforward functional benefits. ExpandNASDAQ: TSCOTractor SupplyToday's Change(-1.35%) $-0.61Current Price$45.02Key Data PointsMarket Cap$24BDay's Range$44.87 - $45.7252wk Range$43.23 - $63.99Volume182KAvg Vol6.6MGross Margin33.24%Dividend Yield2.07% The other big upside of holding a stake in TSCO stock is the aforementioned income it produces. Newcomers will be plugging into a respectable forward-looking dividend yield of 2.2%. And that's based on an annual dividend, by the way, that's now been raised for 17 consecutive years. TSCO stock checks off a couple of important boxes No, it's not the highest-yielding dividend payer out there, nor does it boast the lengthiest dividend pedigree. It's probably not the first or only dividend stock an income-seeking investor might want to pick for their portfolio But if you'd like to add a bit of potential capital appreciation to your next income-oriented trade, TSCO's mostly overdone 28% pullback from its August peak makes for a fantastic entry point into this often-overlooked dividend payer.Read NextApr 3, 2026 •By Daniel SparksWhy This Top Dividend Growth Stock Is Oversold and Is a No-Brainer Buy Right NowApr 2, 2026 •By Bryan WhiteWhy Tractor Supply's 40 Million Loyalty Members Keep Coming BackMar 31, 2026 •By Parkev Tatevosian, CFAIs The Tractor Supply Company an Undervalued Dividend Stock to Buy?Mar 17, 2026 •By Kristi WaterworthBest Commercial Real Estate Stocks for 2026Mar 12, 2026 •By Daniel SparksUnder $50, Is Tractor Supply Stock a Buy?Apr 11, 2026 •By Brett SchaferDid Nintendo Just Say Checkmate to Disney?About the AuthorJames Brumley is a contributing Motley Fool stock market analyst covering consumer staples and consumer discretionary stocks. James is a former licensed stockbroker with Charles Schwab, and a registered investment adviser. He holds a bachelor’s degree in business management with a specialization in finance from Transylvania University.TMFjbrumleyX@jbrumleyStocks MentionedTractor SupplyNASDAQ: TSCO$45.03(-1.35%)-$0.62*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.