The start of 2023 was tricky for American retailers, as volatile weather patterns affected foot traffic to brick-and-mortar stores. A slowing economy punctuated by rising interest rates may have also affected retail spending. However, these factors shouldn’t lead investors to shun retailers completely. Our latest addition to the Best Consumer Discretionary Dividend Stocks List is an iconic rural lifestyle retailer and S&P 500 component.
You can check out the Best Consumer Discretionary Dividend Stocks List to explore all the stocks.
Strong revenue growth, growing market share and favorable management guidance make our pick a compelling option for income investors’ portfolios. Our pick doesn’t offer a huge yield, but dividend growth has been consistent for over a decade.
