With inflation surging, consumers are looking for values. They want to enjoy themselves but do so without spending an arm and a leg. For firms in the discretionary sector, this can pose a problem – but not for firms that already operate in the value sector of the market. Case in point: our latest Best Consumer Discretionary Dividend Stocks List pick!
Our pick is one of the largest operators of quick service restaurants in the world. With its iconic status and low prices, our pick has historically done well during periods of economic uncertainty, including during the pandemic.
Better still, our pick has continued to revamp its menu, reduce costs and rely on technology to drive sales and profits. And with a new focus on omnichannel operations, our pick has used its size and scope to beat out rivals. With its strong brand, our pick makes a wonderful choice to play the current hard-to-navigate environment. Investors should watch for the stock when it goes ex-dividend next on Tuesday, September 6 (estimated date).
You can check out the Best Consumer Discretionary Dividend Stocks List to explore all the stocks.
