Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
The insurance industry is as boring as watching paint dry. It’s the kind of product you hope to never use. But boring doesn’t have to mean unprofitable. It’s quite the contrary. Insurance as a business is very profitable. This has been especially true for our leading risk management and insurance brokerage Best Dividend Stock.
The key is that our pick doesn’t just underwrite insurance, it sells policies, which removes much of the risk from its balance sheet. Already one of the largest insurance brokers in the world, our pick continued to grow via smart M&A, which has allowed it to add plenty of specialty insurance brokerage lines to business. This has instantly boosted sales as well as profits at the firm.
And that’s just the right place to be.
The world continues to be a more complex place, with a variety of external and internal factors influencing business, personal and government decisions. Risk management is no longer just worrying about a break-in at the corporate office. Cyber-threats, climate change, a global pandemic, etc.. are real world risks that need to be insured. With our firm’s specialty in specialty lines of insurance, business is booming in the new environment.
For investors, all of this is great news for long cash flows and dividend growth.
To summarize, here are five reasons why you should own this stock:
Our Best Dividend Stocks List has 20 of the highest-rated stocks by our proprietary Dividend.com Rating system. Go Premium to find out the entire list.