Why I Bought $20,000 Worth Of This 7.3% Yielding Blue-Chip For My Retirement Portfolio

Why I Bought $20,000 Worth Of This 7.3% Yielding Blue-Chip For My Retirement Portfolio

Posted On April 12, 2021 3:18 am

Dividend growth blue-chips are the easiest road to a rich retirement you can travel.

Even with the market 36% overvalued, wonderful blue-chip income opportunities are still available. This 7.3% yielding blue-chip is a prime example of this.

This company is the highest quality name in its industry.

This dividend champion/global aristocrat offers the safest and most dependable dividend, from an Ultra SWAN that’s as close to a perfect quality company as you’ll ever find on Wall Street.

This company is 18% undervalued, and management is guiding for 13% to 14% long-term annual returns. That’s 5% to 6% better than the S&P 500 and 2.5% to 3.5% better than the aristocrats. Over the long-term, this 7.3% yielding blue-chip has the potential to deliver 7X to 19X more wealth and income than the broader market. This is why I’ve bought almost $20,000 worth of the industry’s quality king for my retirement portfolio.

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Photo: “Retirement Account” by GotCredit 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.

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