Reported 9 months ago
Walmart is highlighted as a strong Dividend King, but this article also focuses on the high-yield dividend stock Stanley Black & Decker, which has faced a downturn with a 10% drop in the past 3 months and a significant decrease over the last three years. Despite challenges from inflation and weak consumer spending, Stanley Black & Decker is implementing cost-cutting measures to restore margins and profitability. While the stock currently has a negative P/E ratio, analyst estimates project a return to profitability, making it a potentially valuable investment as a Dividend King with a 3.8% dividend yield.
Source: YAHOO