40 undervalued dividend stocks to buy in a recession: UBS

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States News News

Buy these 40 overlooked stocks offering top-tier dividend payouts that will hedge against underrated recession risk, UBS says

"The risk/reward for dividend stocks also appears attractive given they should be relative winners in a number of macro scenarios including recession, sticky inflation and tighter [financial] conditions," wrote Alastair Pinder, an equity strategist at UBS, in a February 22 note.

Dividend stocks, including high-quality ones, are discounted compared to the market, as shown by the fact that its relative forward earnings multiple is below 1.Lastly, UBS expects dividend growth to exceed earnings growth in 2023. The firm projects dividends to rise 1% year-over-year in 2023 and 10% in 2024, and Pinder added that corporate earnings could slide as much as 11% this year if there's an economic downturn.

"A greater focus should be put on high-quality dividend payers given the deceleration in economic activity," Pinder wrote.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Workday stock is a buy ahead of 'healthy' earnings next week, analyst saysWorkday Inc. could be primed well for its coming earnings report, according to an analyst.
Source: MarketWatch - 🏆 3. / 97 Read more »