2024-06-26 08:10:00 ET
Summary
- Undervalued dividend stocks focused on rewarding shareholders with capital returns are a good investment choice for a frothy market.
- Philip Morris International and Starwood Property Trust are highlighted as strong picks in this article for high cash flow and steady dividends.
- PM excels in innovative tobacco products, while STWD benefits from a diversified commercial mortgage REIT portfolio and higher interest rates.
There’s no free lunch on Wall Street, but undervalued dividend stocks are focused on rewarding shareholders with capital returns are the next best thing. While the overall market is up this year, it’s important to bear in mind that performance has been driven by just a handful of stocks....
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