Consumers are coming back from the pandemic in a big way. However, higher inflation is putting the brakes on some spending. It takes a certain kind of player to navigate these waters. Our newest Best Consumer Discretionary Dividend Stocks List pick is one of them.
As one of the largest quick-service restaurant chains in the world, our pick has used technology to improve its own operations, boost delivery and reward its customers. In the new post-pandemic/high-inflation world, our pick’s low-cost food offerings have plenty of potential for growth.
With strong sales growth already in place and an iconic standing, our pick has the potential to boost dividends further. Watch for when the stock goes ex-dividend on Wednesday, June 1st (estimated date).
In order to make room for this restaurant pick and another automotive stock, we had to remove a retailer and a durable goods stock from our list this week.
You can check out the Best Consumer Discretionary Dividend Stocks List to explore all the stocks.
