CHRW - 16 High-Yield Dividend Aristocrats Yielding Almost 5%

2024-04-27 07:00:00 ET

Summary

• Attempting to time the market is not a successful strategy. Long-term investing has consistently outperformed market timing.
• Today, the S&P is fairly valued, but blue-chip bargains are plentiful if you know where to look.
• These 16 dividend aristocrats yield an average of 4.7%, are 18% undervalued, have 30% 12-month upside potential, and are expected to keep delivering 12% to 13% annual returns just as they have for 25 years.
• This is a perfect example of how even when the market is in a modest pullback, and still within 6% of record highs, incredible blue-chip bargains are always available, even for the world's most dependable dividend growers.

You need to learn one critical lesson well if you want to succeed on Wall Street.

In any given year, stocks will be volatile.

A 14% to 15% decline should be expected in any year. Not for "no reason," stocks always fall for a reason.

The media will create a narrative to explain what is happening with stock prices. It's the job of the financial media to create a narrative that makes us all feel better.

Think about it. There's nothing more terrifying than stocks going down without a reason. Even stocks going up without an apparent reason is scary because what if it's a bubble?...

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