Category: Dividend Growth Investing

Undervalued Dividend Growth Stock of the Week: Amgen, Inc. (AMGN)

With this company, you have strong revenue, profit, and dividend growth — with the dividend supported by a moderate payout ratio. The balance sheet isn’t overly leveraged and profitability is impressive. That said, we might expect the stock to be priced at a premium, to go along with its premium quality. But the stock actually looks cheap here — potentially 17% undervalued…