Despite the Fed’s best efforts, the labor market remains healthy and consumers have continued to spend. For our latest Best Consumer Discretionary Dividend Stocks List pick, this fact has continued to drive record earnings, supportive cash flow and over 40 years’ worth of annual dividend increases!
You can check out the Best Consumer Discretionary Dividend Stocks List to explore all the stocks.
Our pick is already one of the largest quick service restaurant chains on the planet, serving millions of customers each day. The win for our pick has been its focus on value and lower price points for its food offerings. In the age of high inflation, consumers continue to seek out value, and our pick has been a major winner in that regard.
On top of those higher sales, our pick has continued to keep margins fat. Aside from its franchise-based business model, our pick has used its own logistics network to cut costs, while technology is helping boost sales and customer retention. The combination has allowed our pick to report top-notch results for the last year.
With specialty menu items and new value bundle offerings, our pick has plenty of potential to keep the growth and dividends going in the new year.
