3 Magnificent Dividend Stocks Down Between 19% and 28% to Buy Now and Hold Forever

Down between 19% and 28% from their all-time highs, dividend growth stocks Unilever (NYSE: UL), The Hershey Company (NYSE: HSY), and Lamb Weston (NYSE: LW) currently trade near once-in-a-decade valuations.

These magnificent stocks have five-year betas well below 1, making these discounted prices even more alluring for investors. Betas measure a company’s share price volatility compared to the broader market. Low betas of less than 1 often belong to reliable, steady-Eddie operators fit to anchor any investor’s portfolio.

This combination of low share price volatility and steady dividend growth at a decade-low valuation makes these three stocks promising once-in-a-decade opportunities. Here’s how they could reward investors handsomely over the coming years.

Person walking down store aisle, looking at products on display.

Image source: Getty Images.

1. Unilever

Consumer goods juggernaut Unilever owns more than 400 brands sold in more than 190 countries….

Read more…

spot_imgspot_img

Latest news

Related news

LEAVE A REPLY

Please enter your comment!
Please enter your name here