Author: Jason Fieber, Dividends and Income

With a yield more than twice as high as the broader market, 15 consecutive years of dividend raises, and the potential that shares are 11% undervalued, dividend growth investors would be wise to consider this stock right now.

The company is a global juggernaut with one of the most recognizable and powerful brands in the world. With a stock that is potentially 15% undervalued, it looks like one of the best combinations of quality and value in the market today.

Things seem so uncertain right now… A worldwide pandemic, an upcoming US election, rising US-China tensions, and global debt spiraling out of control. Remember though, there’s always a silver lining.

We cannot rely on a single source of income — we have to diversify our income sources. We simply cannot count on an employer, job, or single paycheck to be there for us when we’re in need.

This is a high-quality blue-chip stock that benefits from one of the most powerful inherent competitive advantages out there.