Investors seeking a stable income stream amidst market volatility can consider dividend growth stocks. These companies have a proven track record of increasing payouts, which often correlate with lower price swings and greater downside protection.
We’ve selected three dividend growth stocks that fit the bill: CSG Systems International Inc., Gildan Activewear Inc., and Tapestry, Inc. These companies have demonstrated strong fundamentals, including sustainable business models, rising cash flows, and a history of profitability.
CSG Systems International Inc. (CSGS) is a leading provider of outsourced billing, customer care, and print and mail solutions. The company boasts a P/E ratio of 12.80 and an earnings surprise of 13.80% over the past four quarters.
Gildan Activewear Inc. (GIL) manufactures premium-quality branded activewear, with an expected earnings growth rate of 16% for the fiscal year. The company has a Zacks Rank #2 and a Growth Score of A.
Tapestry, Inc. (TPR), formerly known as Coach, designs and markets fine accessories and gifts. With an expected earnings growth rate of 14.4%, the company has a P/E ratio of 14.97 and a Zacks Rank #2.
These dividend growth stocks offer a compelling investment opportunity for investors seeking stability amidst market turmoil.
Source: https://finance.yahoo.com/news/zacks-com-featured-highlights-csg-075900656.html