Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Recession-Proof Your Portfolio With 33%-100% Payout Growth By: Contrarian Outlook October 06, 2023 at 05:00 AM EDT The safest dividend is usually the one that was just raised. Recession or no landing, bull or bear, these payers don’t care. And neither should their shareholders because these stocks are growing their payouts between 33% and 100% per year. Per year! Here’s why we have safety in growth. Let’s consider Old Dominion Freight Line (ODFL) , a less-than-truckload (LTL) freight shipping specialist with trucks crawling America’s interstates. While transportation is a cyclical business, ODFL is a pinnacle of stability, delivering 30% annual profit growth on average over the past seven years. And while the stock hasn’t gone up in a straight line, it has crushed the broader market in that time.… Read more Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Recession-Proof Your Portfolio With 33%-100% Payout Growth By: Contrarian Outlook October 06, 2023 at 05:00 AM EDT The safest dividend is usually the one that was just raised. Recession or no landing, bull or bear, these payers don’t care. And neither should their shareholders because these stocks are growing their payouts between 33% and 100% per year. Per year! Here’s why we have safety in growth. Let’s consider Old Dominion Freight Line (ODFL) , a less-than-truckload (LTL) freight shipping specialist with trucks crawling America’s interstates. While transportation is a cyclical business, ODFL is a pinnacle of stability, delivering 30% annual profit growth on average over the past seven years. And while the stock hasn’t gone up in a straight line, it has crushed the broader market in that time.… Read more Read More >>