I have been following these stocks since the beginning of the year and I think we may have reached the moment for a perfect entry.
Early this year, the Bentonville, Arkansas-based colossus announced a 4% increase in its quarterly dividend to $0.54 per share, for a 1.8% yield.
With this boost, Walmart has raised its dividend every year for the past 46 years. A regularly increasing income provides a good hedge and protects the value of your investment from erosion by inflationary pressures.
With a payout ratio of 50%, the retailer is a safe dividend bet, especially when the company is succeeding in its plan to attract more online customers as it faces up to the growing competitive threat from $AMZN
Current Price $119.21
Analyst Price Target $138.15 (+15.89%) | Analyst Consensus Strong Buy
P/E Ratio: 22.76 | EPS 5.25 | Dividend Yield 1.80%
ISBC (Investors Bank Corp Inc)
At 48 cents per share annualized, the dividend gives a high yield of 5.7%. The company has raised the payment three times in the last three years and has a 5-year history of keeping the payment reliable. The payout ratio is high, at 70%, but still affordable at current income levels.
Current Price $8.110
Analyst Price Target $10.67 (+34,57%) | Analyst Consensus Strong Buy
P/E Ratio: 11.58| EPS 0.7342 | Dividend Yield 5.7%
We are facing two serious cases of stocks that may rise in the coming months overcoming the performance of other assets that the current situation could make life difficult for.