Walmart and 3 Other Dividend Kings That Are Outperforming the S&P 500 and Nasdaq Composite in 2024
The best dividend stocks can have a tough time keeping pace with a rip-roaring, growth-fueled bull market. After all, the whole idea of a dividend is to pass along a portion of profits directly to shareholders instead of reinvesting them in the business.
Naturally, dividend-paying companies tend to be lower growth. But Walmart (NYSE: WMT), (NYSE: TGT), Procter Gamble (NYSE: PG), and Emerson Electric (NYSE: EMR) have not only paid and raised their dividends for at least 50 consecutive years -- making them Dividend Kings -- but all four stocks are also beating the S 500 and Nasdaq Composite indexes year to date.
Here's what's going right for each company and whether they are worth buying now.
Source Fool.com
Target Corp. Stock
€136.66
1.900%
With 44 Buy predictions and 1 Sell predictions Target Corp. is one of the favorites of our community.
With a target price of 167 € there is a positive potential of 22.2% for Target Corp. compared to the current price of 136.66 €.
