By: Dividend Sensei
Do you dream of financial independence? A rich retirement funded by safe dividends that keep growing no matter what the economy or stock market does?
First, you have to avoid the 52% of all companies that historically lose investors’ money including the 12% that go to zero.
Fortunately safe, high-quality blue chips are always available at reasonable to attractive valuations. That’s the case with this company, which is one of the best 5% yielders retirees can buy today.
This 5% yielding blue-chip is the RRP/ESG king of its industry. $8 billion in IQOS investments (and counting) is now expected to drive 11% to 13% long-term growth, which is by far the best in this industry.
Management plans to keep expanding its dominance in RRPs, and even has a plan to into new markets, tapping $65 billion annual sales potential. The 3% discount makes it a potentially reasonable buy for anyone comfortable with its risk profile.
The ability to enjoy safe and growing 5% yield, as well as long-term returns, double that of the S&P 500, is why I’ve bought $6,000 worth of this blue-chip for my retirement portfolio.
And it might be just what you need to ensure the rich retirement you deserve.