Dividends4Life: These 3 Apparel Stocks Have Dividend Yields of Over 4%

Dividend Growth Stocks News

Apparel companies have endured a challenging couple of years, with "the death of retail" narrative, the COVID-19 pandemic, and the current inflationary environment all combining to throw some serious wrenches into their plans. But this gauntlet of challenges has created the opportunity to buy some of the cheapest stocks in the market, trading at rock-bottom price-to-earnings multiples and sporting high dividend yields. Here are three stocks in the apparel space that all have dividend yields of 4% or more...

Hanesbrands' dividend yields 5.25% and is home to the fast-growing Champion brand. VF Corp. houses popular brands like Vans, The North Face, and Timberland and has a yield topping 4%. American Eagle Outfitters yields over 5.5% and features the fast-growing Aerie brand. The current macroeconomic challenges and volatile market have created the opportunity to buy these solid apparel brands at favorable valuations, and with attractive dividend yields of 4% or more to hold investors over while they wait for the market conditions to improve.

Source: Motley Fool

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