2 Ridiculously Cheap 5+% Yielding Blue-Chips

Posted On December 28, 2022 7:43 am
By: Dividend Sensei

In bear markets, even the world’s best companies can hit a rough patch and face overblown sell-offs that can create life-changing long-term high-yield opportunities.

Here are two blue-chips that are 41% to 61% undervalued and offering a safe and growing 5% to 6% yield.

The first is a BBB+ rated insurance company whose one-time charge has caused earnings to collapse. But next year, earnings are expected to soar 350%.

The second is an industry titan trading at the lowest P/E in 10 years and expected to grow earnings 34% in the next two years.

Both of these 5% to 6% yielding blue-chips could 2.2X to 3.2X in the next two years and more than triple in the next five.

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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.