Trade war volatility rages on—and we contrarians are playing offense and defense with a “homegrown” stock whose dividend has skyrocketed in the last five years.
This unsung stock soared double-digits in the 2022 mess—and it’s doing so again. More on that history in a second.
First, that skyrocketing dividend is the key to our “offense” here. That’s because dividend growth is the No. 1 predictor of stock gains—and a rising payout is the ultimate “magnet,” pulling share prices higher as it grows.
And this company’s stock has fallen well behind its payout growth, handing us a “sweet” (hint!) current yield of 3.3%.… Read more
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