3 Unstoppable Value Stocks to Buy in September (1 Yields 7.3%)
These three overlooked consumer stocks offer investors dividends, new growth capacity, and catalysts that may take years to fully play out.
Overview
Consumer goods may not be the most exciting corner of the market, but that's part of their appeal. While investors these days chase the next big technology story, some of the more interesting opportunities can be hiding in plain sight. They're hiding in companies that generate cash, pay dividends, and make investments that could take a few years to fully pay off.
Here are three value stocks to consider for September.
Details
Universal Corporation (NYSE: UVV) is a business-to-business agri-products company best known for sourcing and processing leaf tobacco, but the part worth watching is its plant-based ingredients arm, which turns fruits, vegetables, and botanicals into juices, concentrates, extracts, and flavorings for food, beverage, and pet-food makers. In May, the board declared its 56th consecutive annual dividend increase, lifting the quarterly payout to $0.83 per share. The shares now yield roughly 7.3%. A streak that long makes this ticker a Dividend King, which is a company that has delivered 50 or more years of consecutive dividend increases.
Source
Originally published at www.fool.com.