Today we'll look at three dividend stocks from high-quality businesses. All three have declined by at least 10% over the last 30 days. Two of them are Dividend Aristocrats, stocks with 25 or more years of consecutive dividend increases. If that doesn't scream "high quality," then what does? Click here to see all 50 Dividend Aristocrats. The other high-quality dividend stock in this article is the most profitable company in the world. For some reason, Wall Street keeps discounting it.
Apple (AAPL) stock is extremely cheap. Shares are trading at a price-to-earnings ratio of just 10, because the stock is down 27% in the past year and more than 14% in the last month. Shares of Big Pharma company Abbott Laboratories (ABT) are down 21% in the past year and 12% in the last 30 days. Investor sentiment is negative, based on fears of increased government intervention in drug prices, as well as slowing growth across Abbott's product portfolio. But these concerns appear overblown. Abbott has a long history of navigating ups and downs. Franklin Resources (BEN) is in the financial sector, in the asset-management industry. The stock has not performed well in recent periods. Shares are down 32% over the past year and nearly 11% in the last 30 days. The declines in its share price came even though the company remains steadily profitable. The good news is that this has created a buying opportunity for value investors.
Source: The Street
Related Articles:
- 5 Low Beta, Higher Yielding Dividend Stocks For The Next Downturn
- Your Greatest Wealth Building Asset
- Where To Find Great Dividend Stocks
- How To Manage Your Dividend Portfolio In A Downturn
- 5 Tech Stocks With A History of Growing Their Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those...
-
Owning dividend stocks can be a great way to both generate cash flow and beat the market long term. And if you can find stocks that are over...
-
I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have ...
-
Long-time readers know I’m a big fan of the insurance industry because of one quirk in their business model. Customers always pay premiums u...
-
“Cheap” stocks aren’t necessarily the best cheap stocks to buy. And dividend stocks, even those with a high payout, aren’t necessarily safe....
-
Investors tend to gravitate to dividend stocks, particularly when those equities increase their payout on an annual basis. When these types ...
-
The markets have been doing very well over the past several weeks, and finding some good bargains has been a bit challenging of late. Howeve...
-
This company's management has raised the quarterly distribution 71 straight quarters, 22 straight years - it will be a Dividend Aristocr...
-
These dividend stocks tick both boxes: a very high yield and a bullish outlook from the Street. This is pretty crucial as not all dividend s...
-
We routinely cover earnings reports at The REIT Forum. Staying on top of new developments is one of the reasons we are able to find such att...
I'm actually considering ABT for a June buy. Thanks for sharing.