6 Dividend Stocks Poised to Push Higher
These fast-growing dividend stocks have significant upside, once their value adjusts higher to match their intrinsic value. Each of these stocks has a high yield of at least 4% and low price-to-earnings (P|E) multiples. Moreover, on top of this, each of the companies has good earnings growth, which ensures that the dividends can keep growing. These factors make these stocks highly defensive and poised to move higher, especially since their secure dividends provide huge upside. This is one of the chief benefits of stocks over fixed-coupon bonds — their dividends can rise over the long term. As a result, investors in fast-growing dividend stocks have the ability to fight inflation over time, as opposed to bonds. They are at the mercy of the ravages of inflation. 7 Cheap Growth Stocks That Won''t Stay That Way for Long Let’s dive in and look at these dividend stocks further: MO Altria $53.98 XRX Xerox Holdings $18.90 T ATT $20.90 IBM International Business Machines $142.60 LYB LyondellBasell Industries $109.87 CNQ Canadian Natural Resources Limited $66.54 Altria Group (MO) Source: viewimage | Shutterstock.com Market Cap: $97 billion Dividend Yield: 6.7% Altria (NYSE: MO ) delivered non-GAAP first-quarter earnings per share (EPS) growth of 4.7% on a year-over-year (YoY) basis.
6 Dividend Stocks Poised to Push Higher
These fast-growing dividend stocks have significant upside, once their value adjusts higher to match their intrinsic value. Each of these stocks has a high yield of at least 4% and low price-to-earnings (P|E) multiples. Moreover, on top of this, each of the companies has good earnings growth, which ensures that the dividends can keep growing. These factors make these stocks highly defensive and poised to move higher, especially since their secure dividends provide huge upside. This is one of the chief benefits of stocks over fixed-coupon bonds — their dividends can rise over the long term. As a result, investors in fast-growing dividend stocks have the ability to fight inflation over time, as opposed to bonds. They are at the mercy of the ravages of inflation. 7 Cheap Growth Stocks That Won''t Stay That Way for Long Let’s dive in and look at these dividend stocks further: MO Altria $53.98 XRX Xerox Holdings $18.90 T ATT $20.90 IBM International Business Machines $142.60 LYB LyondellBasell Industries $109.87 CNQ Canadian Natural Resources Limited $66.54 Altria Group (MO) Source: viewimage | Shutterstock.com Market Cap: $97 billion Dividend Yield: 6.7% Altria (NYSE: MO ) delivered non-GAAP first-quarter earnings per share (EPS) growth of 4.7% on a year-over-year (YoY) basis.