These are not normal times. The COVID-19 pandemic, occurring simultaneously with an oil price war has caused a market crash. Here I examine nine popular dividend growth blue chips that have been hit, in varying degrees, by the crash.
With a 2.8% yield, double-digit long-term dividend growth, and the potential that shares are 31% undervalued, dividend growth investors would be wise to take a long look at this stock right now.
This stock, which appears 36% undervalued right now, could be one of the surest long-term bets out there as numerous industries start to buckle under the pressure of COVID-19.
This stock offers a market-shattering yield of ~10%, double-digit long-term dividend growth, a reasonable payout ratio, and the potential that shares are 200%-plus undervalued. We’re looking at what could be a once-in-a-generation type of investment opportunity for dividend growth investors.
The new income it will generate brings my portfolio’s yield on cost (YOC) to 9.98%. Overall, this stock pulls up the quality — and reduces the risk — of my whole portfolio.
With a yield near 5%, double-digit long-term dividend growth, a “perfect” payout ratio, and the potential that shares are 42% undervalued, dividend growth investors should take a very close look at this stock right now.
This stock has a market-smashing 5%+ yield, more than 10 consecutive years of big dividend raises, a moderate payout ratio, and the potential that shares are 54% undervalued.
This stock offers an attractive opportunity to obtain a solid, investment-grade company, with a good 4.1% yield, a steady pace of dividend growth, high dividend safety, and the potential that shares are more than 40% undervalued.
With a market-beating 3%+ yield, double-digit long-term dividend growth, and the potential that shares are 9% undervalued, this could be one of the best dividend growth opportunities in tech right now.
This company is a high-quality, global behemoth that’s perfectly positioned to capture increasing profits from the rise of e-commerce. Not only does it offer a market-beating 3.5%+ yield and strong dividend growth, but shares look 23% undervalued at current prices.
