Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
The insurance industry can be an amazingly profitable business. That is, if you are in the right kind of insurance. For our latest Best Dividend Growth Stocks Model pick, it’s finally gotten its act together and is back on a path to superior dividend growth. You can take advantage of its position before Wednesday, November 30, when the stock goes ex-dividend by raising its regular quarterly payable dividend by 10% to $0.425 per share!
Our pick is one of the largest property and casualty insurance companies in the world. P&C firms operate under a simple business model and are able to generate plenty of float income from their premiums and underwriting. But our firm didn’t start out that way. A decade’s long turnaround plan, which eliminated many problematic businesses from its umbrella after the Great Recession, helped reign in its focus.
Now, with a focus on P&C, our pick is able to shine as a stand-alone firm, generating plenty of cash flow, dividends and buy-out interest.
With its newfound focus, our pick makes an ideal selection in the industry for investors looking to generate serious income growth from their portfolios.
In addition to our new insurance pick, we’ve also added a major pharmaceutical as well as removed a different insurer and energy producer from the list.
You can check out the Best Dividend Growth Stocks Model Portfolio to explore all the stocks.