4 Reasons This 7.1% Yielding Global Aristocrat Is A Rich Retirement Dream Stock

Posted On June 8, 2021 3:16 am
By: Dividend Sensei

High-yield blue chips can be the best way to fund a comfortable or even rich retirement.

But you have to be very confident that the high-yield blue-chips you own can be depended on in all economic and market conditions.

This 7.1% yielding global aristocrat that’s the 2nd highest quality name in its industry.

It also has the best long-term growth prospects, courtesy of its first-mover advantage in transitioning to a green energy future, and a massive 27 billion CAD growth backlog.

Management is guiding for 12% to 14% CAGR long-term total returns, similar to what it’s delivered since 1991.

Analysts think it could actually grow much faster, delivering almost 18% CAGR annual long-term returns, more than double that of the S&P 500.

This is why I’ve invested $27,000 into this 7.1% yielding global aristocrat in my retirement portfolio.

And why this legendary company could be just what you need to retire rich.

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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.