Retailing is a cut-throat business. Historically, only the strong have survived. And these days, the challenges are getting even tougher. Thanks to the rise of e-commerce and online shopping, traditional brick & mortar retailers have been forced to adapt and enter the world of omnichannel. Our latest pick in the Best Dividend Protection Stocks Model Portfolio has done just that with gusto.
Thanks to some hefty tech investments, our pick has become an online and omnichannel tour de force. With new apps, in-store tech upgrades, “click-and-collect” and a series of shrewd DTC buyouts, our pick has quickly become one of the leaders in the online shopping space as well. This combination of a huge storefront and online dominance has already resulted in rising revenues and profits for the retail giant.
And there’s still room for growth as well.
The retailer continues to focus on squeezing out the most profit from its new online operations and vast network of stores. With that, cash flows and earnings continue to support its rich 1.5% dividend with ease.
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
