As the ongoing bull market has become the longest in history, most investors feel good about the performance of their portfolios. On the other hand, it has become remarkably hard to identify attractively valued stocks to invest the income stream from dividends or allocate new funds. In this article, I will recommend an attractively valued 8.3%-yielding security, which is ideal for income-oriented investors under the prevailing market conditions.
Most income-oriented investors tend to reinvest their incoming dividends and other funds on the well-known dividend aristocrats, such as McDonald’s (MCD), Procter & Gamble (