By: Dividend Sensei
The 2022 bear market has created incredible bargain-hunting opportunities for the world’s best companies.
This Buffett-style blue-chip bargain is in a 50% bear market and trades at the lowest P/E in 11 years, 9.2X cash-adjusted earnings.
The 4.7% very safe yield has only been higher during the Great Recession, and this dividend aristocrat is 38% historically undervalued.
Analysts expect the same growth rate as the last 20 and 35 years, meaning the investment thesis remains firmly intact.
From today’s deep value discount, this 4.7% yielding aristocrat offers the potential for 160% total returns in the next five years, 19% annually, Buffett-like return potential from a dividend king bargain hiding in plain sight.
Over the next 30 years, 14.6% annual returns are possible, which could help you retire in safety and splendor.