This 7% Yielding Dividend Aristocrat Is The Perfect Bear Market Buy

This 7% Yielding Dividend Aristocrat Is The Perfect Bear Market Buy

Posted On May 20, 2022 1:37 pm

It’s the 2nd worst start to the year for stocks in US history, with many popular growth names down 50% to 75% in 4.5 months.

This 7% yielding dividend aristocrat is UP 16% YTD and remaining stable, while the market falls as much as 4% in a single day.

Its low volatility, recession-resistant business model makes for a perfect bear market refuge in this tech crash, just like in 2000 when it more than doubled while the market plunged.

This dividend legend is still a 35% undervalued bargain trading at 9X earnings, and analysts think it could deliver 19% annual returns over the next five years, 4X more than the S&P.

Over the long term, management thinks it can keep delivering 15% annual returns, just as they have done for over 37 years.

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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.

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