7 Large-Cap Stocks With Sustained Dividend Growth Potential
There are several large-cap stocks with dividend growth potential even as broad market conditions remain challenging. In general, large-cap stocks are ignored by investors in a bull market. However, funds flow into large-cap stocks once market sentiment turns bearish. The reason is that large-cap companies have earnings and cash flow stability. With the market correction, several large-cap stocks are also trading at an attractive valuation. Besides sustained dividend growth, I would expect healthy capital gains from these large-cap stocks. My focus is primarily on large-cap companies that are relatively immune to economic shocks. The cash flows, therefore, remain robust and provide headroom for dividend growth. There are cyclical businesses with an investment-grade balance sheet that continue to increase shareholder returns even during challenging times. Let’s talk about seven large-cap stocks with dividend growth potential. CVX Chevron $143.20 AZN Astra Zeneca $53.86 MO Altria $41.69 AAPL Apple $153.53 COST Costco $484.36 LMT Lockheed Martin $408.65 T ATT $16.01 Chevron Corporation (CVX) Source: Jeff Whyte | Shutterstock.com From highs of $182, Chevron (NYSE: CVX ) stock has corrected by 22% as oil declines on macroeconomic concerns.
7 Large-Cap Stocks With Sustained Dividend Growth Potential
There are several large-cap stocks with dividend growth potential even as broad market conditions remain challenging. In general, large-cap stocks are ignored by investors in a bull market. However, funds flow into large-cap stocks once market sentiment turns bearish. The reason is that large-cap companies have earnings and cash flow stability. With the market correction, several large-cap stocks are also trading at an attractive valuation. Besides sustained dividend growth, I would expect healthy capital gains from these large-cap stocks. My focus is primarily on large-cap companies that are relatively immune to economic shocks. The cash flows, therefore, remain robust and provide headroom for dividend growth. There are cyclical businesses with an investment-grade balance sheet that continue to increase shareholder returns even during challenging times. Let’s talk about seven large-cap stocks with dividend growth potential. CVX Chevron $143.20 AZN Astra Zeneca $53.86 MO Altria $41.69 AAPL Apple $153.53 COST Costco $484.36 LMT Lockheed Martin $408.65 T ATT $16.01 Chevron Corporation (CVX) Source: Jeff Whyte | Shutterstock.com From highs of $182, Chevron (NYSE: CVX ) stock has corrected by 22% as oil declines on macroeconomic concerns.