Embark on a journey with us as we delve into the exploration of a standout player in the Consumer Discretionary Retail sector. Celebrating an impressive 50-year dividend increase track record, this star firmly secures a place in the top 10% of all dividend stocks, showcasing a commitment to shareholder returns that’s hard to rival.
Its robust 3-year dividend per share CAGR of 24% places it in the upper echelons of dividend stocks. Further strengthening its position, it carries a modest 32% forward payout ratio, comfortably aligning with the industry average. Despite the tumultuous market conditions, the stock demonstrated resilience, yielding a robust 15% return YTD.
Additionally, since making it to this portfolio back in July 2022, the stock has managed to beat its portfolio benchmark by an impressive margin.
Investors, mark your calendars!
The upcoming payout features a 4.8% increased qualified $1.100/share, slated to go ex-dividend in just two weeks (July 25).
Stay tuned for our comprehensive stock analysis, as we unpack the dynamics behind its balance of yield, dividend safety, returns potential, and risk optimization.
