By: Dividend Sensei
High-yield blue-chips are the lowest risk and easiest way to beat inflation and retire in safety and splendor.
This very safe 8% yielding blue-chip is one of the hottest stocks on Wall Street in 2022, up 19% and climbing while the bear market ravages almost everything else.
Yet it remains 19% undervalued, trading at 9.9X cash flow, and offers one of the safest 8% yields on earth, backed up with a 20-year payout growth streak.
The industry’s most aggressive buybacks are expected to drive 5.2% long-term growth, potentially delivering market and aristocrat beating 13% long-term returns, along with 20% annual returns through 2024 3X better returns than the S&P over the next five years.