3 Cheap Dividend Aristocrats

Dec. 18, 2023 9:22 AM ETKO, PEP, XOM15 Comments

Summary

  • Dividend aristocrats have underperformed in 2023 due to high interest rates and competition from high-yield savings accounts.
  • The ProShares S&P 500 Dividend Aristocrats ETF is up only 5% compared to the S&P 500's 25% increase.
  • The Coca-Cola Company, PepsiCo, and Exxon Mobil are three dividend aristocrats trading at cheap valuations.
  • I do much more than just articles at iREIT® on Alpha: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
Money falling. American money. Washington American cash, usd background.

Nature

When it comes to dividend aristocrats, many of them have not performed all that well in 2023. Much of that has to do with the high interest rate environment we have been going through, causing many investors looking for yield to utilize high-yield

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This article was written by

10.32K Followers

Mark Roussin is an active Certified Public Accountant (CPA) in the state of California. Mark has worked as a CPA, serving both public and private Real Estate corporations for over 10 years. Today, he provides his followers insights to both undervalued dividend stocks mixed with high-growth opportunities with a goal of them reaching financial freedom in the long-term. Mark tends to invest primarily in dividend stocks with a strong emphasis on Real Estate Investment Trusts (REITs).

Mark has partnered with iREIT®+HOYA Capital, one of Seeking Alpha's top investing groups for income-minded investors, providing daily in-depth REIT research. The service boasts a community of like minded investors and offers access to iREIT's various portfolios that can be tracked in real-time. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of KO, XOM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Related Stocks

SymbolLast Price% Chg
KO--
The Coca-Cola Company
PEP--
PepsiCo, Inc.
XOM--
Exxon Mobil Corporation

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