By: Dividend Sensei
This 6% yielding blue-chip is up 218% from pandemic lows, but analysts think it could double in the next five years.
That’s due to a powerful combination of very safe 6% yield, a 35% discount to fair value, and steady 4% growth from its resilient business model.
The bond market thinks its business will be stable or growing for at least the next 60 years.
Management has a good plan for transitioning to a green energy future, and its long-term risk management track record is strong.
I’ve personally invested $7,000 into this 6% yielding retirement dream stock because this is the best monthly paying dividend blue-chip on Wall Street today.