Nestle S.A. Is Not Considered An Undervalued Dividend Growth Stock Today

About: Nestlé S.A. (NSRGY), Includes: ADM, D, HSY, KHC, SBUX, SJM, T, UL
by: Dividend Diplomats
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Dividend Diplomats
Large-cap, dividend investing, dividend growth investing, value

Nestle S.A. is trading at a P/E ratio in line with the broader market and two industry peers.

Its dividend yield is ~3% and has a dividend payout ratio of ~60%.

Nestle has a strong brand portfolio domestically and internationally.

In today's article, I will review a major player in the consumer staples sector: Nestle S.A. (OTCPK:NSRGY). In this analysis, I will briefly review Nestle's recent earnings results, some other news, and run