Fears of a so-called Brexit, or a departure of Britain from the European Union, are really heating up. The country holds a referendum on the issue on June 23, and recent polls have suggested a tight race, with some polls even giving the "leave" camp the lead. This has caused European stocks to decline in recent weeks. The Brexit vote has investors scared about Europe's financial future, but fear creates opportunity for enterprising investors, and fear of a Brexit is no exception. We'll look at three high-dividend stocks that are entering bargain territory because of uncertainty over a Brexit. All three are compelling choices for investors looking to build their dividend-growth portfolios...
Investors should not be overly concerned about a potential Brexit because GlaxoSmithKline (GSK) is a diversified company. It has a global reach, offering its products in more than 150 markets worldwide. Not only is BP (BP) getting hit by Brexit fears, but it also has to grapple with the massive decline in oil and gas prices. While BP has a lot to contend with, it is also a massive business. BP is one of the six oil and gas super majors. Unilever (UL) has had a bad week. Its shares have fallen 6.8%. The good news is that similar to GlaxoSmithKline and BP, Unilever is not overly reliant on the EU. Far from it; Unilever actually derives the majority of its sales from outside Europe.
Source: The Street
Related Articles:
- 4 Secrets To Finding The Best Dividend Stocks
- What Determines A Dividend Stock's Yield
- 7 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
- Warren Buffett's Secret To 50% Returns
- 7 Undervalued, Big-Name Stocks To Consider For Your Dividend Portfolio
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
While these pharma stocks have steady cash flows and revenues, there’s still plenty of growth left in the tank from new drugs in development...
-
Do you ever wish your dividend stocks paid out monthly rather than quarterly? For income-oriented investors who cover their monthly expenses...
-
This company is one of the less risky mortgage REITs. We see preferred shares from it as having a risk rating of 2. The series C shares drop...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
After prices rising for nearly two straight years, volatility has returned to the oil patch in the past month. Investors can expect above-av...
-
Despite a strong year, the renewable power company has lost 20% of its value, which has pushed its dividend yield up to 7%. That lower price...
-
Add it all up, and things are starting to get tense. That leaves investors wondering where they can go for safety. After years of tech outpe...
-
The yield is 9.55%, with 1.12X coverage that should improve in 2019. Management has raised the quarterly distribution 16 straight quarters. ...
-
Insiders bought 45,000 units last week: It's now at multi-year lows, and is 26% below analysts' lowest price target, and is selling ...
0 comments
Post a Comment
Post a Comment