You Need Dividend Stocks Now. Here's Why – and Here Are 3
Portfolio Pulse from Benzinga Contributor
The article discusses the importance of investing in dividend stocks and suggests three dividend stocks to consider: iShares Select Dividend ETF (NYSE:DVY), Diageo (NYSE:DEO), and Unilever (NYSE:UL). It highlights the historical outperformance of dividend stocks and the potential benefits of adding them to a portfolio.
June 01, 2023 | 2:16 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Diageo (NYSE:DEO) has a 2% yield and strong premium alcohol brands, with revenue from its super-premium segment growing by more than 20% per year. Its consistent ROIC and projected operating profit growth make it an attractive dividend stock.
The article suggests that Diageo's strong brand portfolio, consistent ROIC, and projected operating profit growth make it an attractive dividend stock. With a 2% yield and strong growth in its super-premium segment, DEO may perform well in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
iShares Select Dividend ETF (NYSE:DVY) has a trailing yield of almost 4%, a P/E ratio of 11, and a beta of 0.74, making it a potentially attractive investment for those seeking dividend exposure.
The article highlights the historical outperformance of dividend stocks and suggests that DVY could be a good choice for investors seeking dividend exposure. With a high yield, reasonable P/E ratio, and lower beta, DVY may perform well in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Unilever (NYSE:UL) has a 3.4% yield and a diverse product portfolio. With activist investor Nelson Peltz joining the board and CEO Alan Jope retiring after 2023, the company could experience a turnaround similar to Procter & Gamble (NYSE:PG).
The article suggests that Unilever's diverse product portfolio and upcoming management changes could lead to a turnaround similar to Procter & Gamble. With a 3.4% yield and potential for growth, UL may perform well in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100