1 Magnificent Dividend Stock That’s Down 25% and Trading at a Once-in-a-Decade Valuation

From Nasdaq, Inc.:

Diageo, the world’s largest spirits company, has seen a slight dip in its share price despite growing sales by 40% over the last five years. This creates an opportunity for investors to buy at a discounted price. The company expects to grow to 6% of the market by 2030, and is focusing on the growth levers of a growing middle class, higher spirits penetration rate, and premiumization of spirits. With a top-tier profitability and a once-in-a-decade valuation, Diageo is attracting investor attention. It currently offers a 2.7% dividend yield and is poised for potential growth.

Diageo, the world’s largest spirits company, has seen a slight dip in its share price despite growing sales by 40% over the last five years. This creates an opportunity for investors to buy at a discounted price. The company expects to grow to 6% of the market by 2030, and is focusing on the growth levers of a growing middle class, higher spirits penetration rate, and premiumization of spirits. With a top-tier profitability and a once-in-a-decade valuation, Diageo is attracting investor attention. It currently offers a 2.7% dividend yield and is poised for potential growth.



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