Stephen Mack, Money Morning

Now’s The Time to Buy This Iconic Dividend Stock

Not only did the company recently make a key acquisition, but in July it announced a 10% boost in its dividend – which you can lock in if you buy before Aug. 24. In addition, along with the dividend boost, the company announced a $500 million stock buyback program (a good indication that management thinks the stock is undervalued). On top of all this, our proprietary stock scoring system has given this stock a top score, indicating that it’s due for a rise.