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25+ Year-increasing Cloud Computing Stock Added to Best Dividend Protection Stocks Model Portfolio

With market volatility rising, stability is key for any investor these days. And our latest Best Dividend Protection Stocks Model Portfolio pick has been a stable dividend payer for decades, with 25+ consecutive years’ worth of dividend growth behind it. Not to mention a whopping 5% current yield!

The secret for our pick has been its recent transformation into a cloud and artificial intelligence (AI) superstar. Ridding itself of slow-moving businesses, our pick has positioned itself into being a top player in the cloud computing world. And thanks to a smart acquisition, it’s now dominating several of tech’s major trends.

All of which has boosted its bottom line, improved cash flows and reversed its multi-quarter trend of dwindling revenues. In the end, the stock has become even better and has built upon its stable and steady ways. With this, our pick makes an ideal selection for conservative investors looking to avoid the market’s hiccups and score a great yield.

To make room for our new tech pick, we had to remove a struggling medical device firm from the portfolio this week.

You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.

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