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This 7.8% Yielding Blue-Chip Is The Best Dividend King Bargain On Wall Street

This 7.8% Yielding Blue-Chip Is The Best Dividend King Bargain On Wall Street

Posted On February 18, 2021 3:39 am
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Despite the market being 37% overvalued, blue-chip bargains are bountiful. That includes this legendary dividend king, which is the 2nd best performing stock of the last 50 years. This blue-chip yields almost 8%, has a very safe and steadily growing dividend, and analysts expect it to could deliver Buffett-like returns over the next five years.

My conviction in this recommendation is so high I’ve invested almost $20,000 into this company in the last few months in my retirement portfolio.

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About author

Dividend Sensei
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.

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