As Warren Buffett has always said, “having a wide moat is a key competitive advantage”. The truism is the hallmark of a strong company. For our newest Best Dividend Protection Stocks Model Portfolio pick, it happens to have one of the widest moats of them all and faces little competition for its services – these facts have driven shareholder rewards for over a decade. Investors can take advantage of its 1.44% yield by buying the stock before it goes ex-dividend on Tuesday, May 30!
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
Why choose our pick? It happens to operate one of the largest derivatives exchanges in the world. This vital piece of financial infrastructure is used by thousands of investors, trading billions of dollars’ worth of commodity, index and stock derivatives every day. Without our pick, the modern finance world wouldn’t function.
And in that, our pick collects a handsome fee.
But our pick hasn’t rested on its laurels. It’s found other ways to grow as well: Our pick has launched new options and derivatives trading as well as services for digital assets. And with new services like data mining and indexing as well as clearing/transfer of trades, our pick has found other avenues for revenue generation.
In the end, our pick is a vital cog in the wheels of finance, which makes it perfect for conservative investors.
In order to make room for our new exchange operator, we’ve removed an engine maker and reduced our holdings in a global snack/beverage giant.
