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This 7% Yielding Stock Has Grown Its Dividend for 55 Consecutive Years. Is The Streak About to End?

Summary by 247wallst.com
As the stock market takes a dive and investors rotate out of the Magnificent Seven (and its like) and into boring defensives and proven dividend payers, the boring, neglected high-yielders may finally be worth a second look. Indeed, going for the higher yields could destine one for mediocre total returns, especially if the high-yield stock is of a firm that’s experiencing stagnant, or worse, negative growth. In any case, such “cigar butt” stocks…

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247wallst.com broke the news in New York, United States on Thursday, March 27, 2025.
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