is worth keeping an eye on right now. It coughs up a quarterly dividend of $0.50, with a generous 3.48% dividend yield. And while it hasn't increased its dividend recently, CVS does have a relatively low P/E ratio of 9.06%.
Shares are currently down 22% YTD, and Hie sees this as an attractive opportunity, arguing that the market is undervaluing the growth that should become more evident in the coming years.reiterated his buy rating post-print, explaining: "Sticking with the guidance should be enough for the stock at a time when the company is also dedicating extra resources to manage the COVID-19 pandemic.
As of 1Q20, the company has ~$16.5 billion of total pro forma gross assets with general acute care hospitals accounting for 84.6% of revenue. It pays out a quarterly dividend of $0.27, on a high 5.93% yield, with 5 consecutive years of dividend growth. Indeed, the company has held up well during the pandemic, and expects to collect 98% of contractual rent in 2020 with 2% collected at a later date with interest. This stability has helped the company maintain its superior cost of capital, allowing management to continue to pursue new investments, says Carroll.
𝗰𝗵𝗮𝗻𝗴𝗲𝗱 𝗺𝘆 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝗶𝘁𝘂𝗮𝘁𝗶𝗼𝗻 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 Stock 𝘁𝗿𝗮𝗱𝗶𝗻𝗴,𝗴𝗼𝘁 𝗺𝗲 𝗼𝘂𝘁 𝗼𝗳 𝗱𝗲𝗯𝘁𝘀 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗺𝗲𝘀𝘀.𝗠𝗮𝗱𝗲 $12𝗸 𝗶𝗻 𝗮 𝘄𝗲𝗲𝗸𝘀 𝗮𝗹𝗹 𝗶 𝗱𝗶𝗱 𝘄𝗮𝘀 𝗶𝗻𝘃𝗲𝘀𝘁 𝗱𝗺 𝗵im 𝘁𝗼day stock_income_
These stocks have already made their moves. You'd be chasing these analyst's tails.
Most people are still worrying about jobs, homes, & eating, Not invested in 'the market'; who or what is beating. No Taxes & Big Business Breaks, Help Rich Get Richer as the Majority Aches! Self-Absorbed & Corrupt Regimes, Devoid of Conscience..Plan Bogus & Manipulative Schemes!
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La source: Forbes - 🏆 394. / 53 Lire la suite »
La source: Forbes - 🏆 394. / 53 Lire la suite »