What do eggs, ball bearings, and semiconductors have in common? They’ve all been affected by various supply chain issues over the last year or so. Despite the ending of the pandemic, supply chain woes persist as consumers and producers fight hard to get the goods they need, when they need them. Solving these pressures have continued to produce ample cash flow and a big 7% dividend increase for our latest Best Dividend Stocks Model Portfolio pick and its investors!
You can check out the Best Dividend Stocks Model Portfolio to explore all the stocks.
As one of the largest logistics and shipping firms in the world, our pick has become the go-to for many businesses trying to get goods and products to end-users across the spectrum, including solving last-mile deliveries as well as omnichannel solutions created by online retail growth.
But our pick has found other avenues for growth as well.
This has included a newfound focus on small- and medium-sized (SMB) businesses. With the ability to charge more for their customers, our pick has seen its revenues surge as they also try to shore up their own supply chains. Even better has been its focus on healthcare-related distribution and shipping. With regulations and other requirements in this sector, our pick has continued to see even bigger profits.
With growth assured in these areas as well as fixing the supply chain, our logistics pick has the goods to keep the growth going for the long haul.
In addition to our logistics pick, we’ve also increased our position in an integrated energy producer and decreased our position in an oncology-focused pharmaceutical stock.
