By: Dividend Sensei
Historically, 80% to 99.9% of the market’s long-term returns are generated in bear markets, when the world’s best blue-chips go on sale.
This company is one of the world’s highest quality, fast-growing dividend blue-chips and it’s trading at valuations only seen in severe recessionary bear market lows.
Its 38% historically undervalued, trading at 7.5X cash-adjusted earnings, an anti-bubble, Buffett-style “fat pitch” bargain priced for -2% growth.
Analysts expect 13.7% long-term growth, and 16.4% long-term returns, similar to its historical 17% returns since 1972.
Over the next three years, analysts think it could potentially deliver 120% returns, and 253% over the next five years.
For anyone comfortable with its risk profile, this fast-growing dividend blue-chip is a great way to earn steadily growing dividends as well as Buffett-like returns from a blue-chip bargain hiding in plain sight.