It turns out, you can teach an old dog new tricks. In retailing, that means a shift towards omnichannel and digital operations. And it just so happens that our Best Dividend Protection Stocks Model Portfolio pick has made the transition beautifully.
Our pick is one of the largest retailer in the world, with tens of thousands of stores and billions of revenues each year. The win is that our pick has been able to use its size and scope to tackle the world of ecommerce with gusto. New apps, in-store pick-up, and using its huge warehouse infrastructure as shipping points has made our old-school retailer a force to be reckoned with in the new world of consumerism.
But our pick isn’t done yet. New hires, moves into tech and a potential expansion into healthcare solutions makes our old-school retailer a top dividend stock for the ages. With nearly five decades of dividend increases behind it, our pick makes an ideal income play. The stock goes ex-dividend on Thursday, May 5.
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
