This company has a lot of cash. And I mean A LOT OF CASH. Even if the business didn’t generate one dollar in cash flow, it could still pay the dividend for five years based on its balance sheet figure… and for 16 years if you include all of its foreign-held cash.
In short, it has seen taxes raised and lowered, accounting standards changed, presidential assassinations and scandals, recessions, and war. And through it all, it has raised its dividend every single year.
The numbers don’t tell the whole story…
Shareholders who rely on the company’s dividends should feel confident that their income will continue to grow over the coming years…
These stocks, and others like them, should thrive as seniors spend more money on healthcare…
The company is generating much more cash than it was last year. For now, as long as the company’s cash flow remains comfortably above its distributions paid, the distribution appears fairly safe…
By its very nature, a stock with an attractive yield is very likely to be cheap…
In short, free cash flow is expected to plunge this year…
If you’re serious about growing your wealth while taking on lower than average market risk, investing in them will play a big part in helping you reach your financial goals…
In short, you want to make sure that any company that pays a dividend has the cash flow to back it up…
