1 Solid Dividend Stock to Consider in 2020
After a year of strong market returns, it's difficult to find a quality dividend stock trading at a compelling valuation. Case in point, the average dividend yield of stocks in the S&P 500 is now 1.8% -- down from 2.2% this time last year.
However, a close look still reveals some attractive income-generating stocks. One worth highlighting is grocery store Kroger (NYSE: KR). Not only does the company pay a meaningful dividend yield, but same-store sales are rising meaningfully as the company's multiyear transformation plan (called "Restock Kroger") is repositioning the business to thrive in an evolving retail landscape.
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Source Fool.com
