Author: Marc Lichtenfeld, Wealthy Retirement

The stock may have been creamed this year, but the dividend is easily covered, and the 10-year track record of annual dividend increases suggests that management takes the dividend very seriously.

Thanks to the bear market, you now have an opportunity to pick up cheaper shares and higher yields on companies that are growing despite their recent stock prices.

Many investors take on unnecessary risk by NOT trading options.

Considering the company is growing its free cash flow, has a low payout ratio and an admirable dividend-raising track record, the dividend is quite safe.

It’s a great time to be a bond investor, and I expect it to get even better over the coming months as rates continue to rise and bonds offer investors even higher returns.