
4 Reasons This 8.1% Yielding Blue-Chip Is Too Cheap To Ignore
By: Dividend Sensei
The 2022 bear market has laid waste to almost every sector, except energy. But recently oil has crashed and the world’s best energy blue-chips have crashed as much as 20%.
The safety and quality king of its industry leader offers the safest 8.1% yield on Wall Street.
A fortress balance sheet and “chess master” quality management, along with a recession-resistant energy utility business model, make this a great ultra-high-yield choice for the coming recession.
It recently plunged 15% in a week for no fundamental reason, creating a glorious buying opportunity.
This blue-chip trades at an anti-bubble 6.7X cash flow and analysts think it could double in three years, and deliver Buffett-like 18% returns over the next five years.
Over the long-term dividend aristocrat and S&P beating long-term returns mean this 8.1% yielding blue-chip could help you retire in safety and splendor.
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