Author: Jason Fieber, Dividends and Income

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.

With a 4%+ yield, double-digit dividend growth, and the potential that shares are 22% undervalued, dividend growth investors may want to consider investing alongside Warren Buffett and buying this stock.