3 Reasons This Fast Growing Tech Blue-Chip Is A Must Own Dividend Stock

Posted On March 28, 2019 10:39 am
By: Dividend Sensei

This industry-leading blue-chip has a near perfect combination of quality management, strong growth runway, and safe and generous dividends that will likely earn investors 15+% long-term total returns.

Summary

I’m a huge fan of Broadcom, one of my favorite high-yield tech dividend blue-chips.
That’s because its quality management team is a master of sustaining strong growth through strategic M&A, resulting in some of the industry’s most impressive dividend growth.
Broadcom is a 10/11 SWAN stock on my new Sensei Quality Score, which I use to rank every company on my watchlists.
From today’s price (1% to 10% undervalued), Broadcom could deliver about 17% to 19% CAGR long-term total returns, more than double that of the S&P 500.
Investors need to be aware that a recession and bear market is possible next year, which could result in a big short-term decline.

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Photo: “Number 3” by Studio Mohawk is licensed under CC BY

About author

Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I'm a proud co-founder of Wide Moat Research, Dividend Kings, and the Intelligent Dividend Investor. My work can be found on Seeking Alpha, Dividend Kings, iREIT, and the Intelligent Dividend Investor. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives. With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams and achieving long-term financial goals.