By: Dividend Sensei
Stimulus euphoria has driven the market to all-time highs and the S&P 500 is 38% historically overvalued. But safe blue-chips, at safe prices, are still available if you know where to look. Here is a dividend king with a 51-year dividend growth streak, exceptional long-term dependability, and is a 12/12 Ultra SWAN quality company.
It’s 36% undervalued, priced for 0.3% CAGR long-term growth, and a potential ultra-value buy for anyone comfortable with its risk profile and business model. This 8.3% yielding dividend legend is hands down the best dividend king you can buy for 2021 and far beyond. Analysts think it could deliver 17% CAGR total returns over the next five years (4.3X the S&P 500), and 12% to 14% CAGR long-term returns vs. 7.9% CAGR for the S&P 500 and 10.1% CAGR for the dividend aristocrats.
If you want to retire rich on dividends, it’s hard to go wrong with the best dividend king of 2021 at some of the lowest valuations in 12 years.