|Bid||59.94 x 1100|
|Ask||60.02 x 800|
|Day's range||59.11 - 60.67|
|52-week range||59.11 - 75.40|
|Beta (5Y monthly)||0.70|
|PE ratio (TTM)||62.37|
|Forward dividend & yield||2.97 (4.01%)|
|Ex-dividend date||29 Jul 2022|
|1y target est||N/A|
Cheap stocks are often cheap for a reason. One of the biggest mistakes novice investors make is choosing a laggard and ignoring a leader simply because the laggard has a lower P/E ratio or a higher dividend yield. A low P/E might be a signal that investors think future earnings will be a lot lower, while an outsized dividend yield could be too good to be true.
Dividend Aristocrats are almost always smart investments. Since inception, Dividend Aristocrats have delivered a 12.3% annualized total return compared to 10.6% for the S&P 500, with annual volatility of 13.7% against 14.6% for the S&P 500. There are currently 65 S&P 500 Dividend Aristocrat constituents, with members across different sectors.
The past year has been brutal for investors who own a lot of growth stocks listed on the Nasdaq. The Nasdaq Composite Index currently sits 28% below its 52-week high, putting it squarely in bear market territory. Volatility like that can be tough to stomach.