Discover a new addition to the Best Consumer Discretionary Dividend Stocks model portfolio! With a yield that is more than thrice that of the benchmark yield of 0.97%, this stock is appealing for anyone looking for steady dividend income.
But what sets this company apart? It belongs to the well-covered large-cap Automotive industry, with a payout ratio of 35%, aligning perfectly with the sector average of 26%. In fact, its exceptional 14-year dividend increase track record places it in the top 10% of dividend stocks, signaling a promising future for investors.
If you’re curious about the next payout, the stock just paid out its unchaged dividend of $0.460 per share on June 2.
To delve deeper into the in-depth stock analysis and discover why this addition has been deemed worthy of the Best Sector Dividend Stocks model portfolio, read on. It’s time to explore the potential, safety, and returns this Consumer Discretionary gem has to offer.
