This Dividend Aristocrat Looks Undervalued Right Now

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Dividend Aristocrats, an elite group of dividend-paying S&P 500 Index ($SPX) stocks, have earned that title for their impressive track record of at least 25 consecutive years of dividend increases. As we head into 2024, the allure of these Dividend Aristocrats is stronger than ever. These stocks not only offer consistent, reliable dividends, they also tend to boast resilient business models, unique competitive edges, and potential for long-term growth. With concerns rising about premium valuations for some of the artificial intelligence (AI) leaders of the tech sector rally, the appeal of the …

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