Buying High-Quality Dividend Stocks Amid Market Warning Signals
- 1The Shiller CAPE Ratio is approaching 42, marking the second-highest level in 150 years.
- 2The author purchased Abbott, PepsiCo, and Procter & Gamble.
- 3These companies are Dividend Kings with over 50 years of consecutive annual dividend increases.
So what's the key point?
A metric measuring how expensive stock prices are relative to earnings has reached its second-highest level in 150 years. Because of this, Abbott, PepsiCo, and Procter & Gamble, which have increased their dividends for over 50 years, were purchased.
Source The Motley Fool +1 · View original ↗
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