The Best 3 Dividend Blue-Chips Retirees Can Safely Buy In August

Seeking AlphaDividend Quick PicksThe Best 3 Dividend Blue-Chips Retirees Can Safely Buy In AugustAug. 3, 2020 11:29 AM ET|| Includes: EPD, MMM, SEICby: Dividend SenseiDividend Sensei The Dividend KingsDividend ideas from a top team of analysts to help you sleep well at night.SummaryThe US economy is reporting some of the worst fundamentals in our nation's history. GDP fell 32.9% in Q2 and small businesses are closing at a steady and high rate.
55% of those closures are permanent, consumer confidence is falling, and 75% of laid off workers report they plan to cut expenses.
The broader market is 38% historically overvalued and future probability-weighted expected returns are paltry due to the greatest disconnect between fundamentals and valuations in history.
This monthly series points out my highest conviction ideas for safe blue-chips that fit five kinds of investing goals: Dividend dependability, highest-safe yield, most undervalued, fastest-growth, and highest long-term return potential.
For August, MMM is the most dependable dividend blue-chip retirees can safely buy, SEIC is the best fast-growth dividend growth stock, and EPD is the best high-yield, deep value and total return potential choice. Within a diversified and prudently risk-managed portfolio, these 3 blue-chips represent high-probability/low risk choices in these uncertain economic times.
(Source: Imgflip)
We live in interesting times, to say the least.

(Source: Marketwatch)
We just experienced the worst quarter of economic contraction in US history.

(Source: Yelp Economic Average)
Yelp is tracking small business closures and reports a troubling rise in the number of permanent closures since the lockdowns lifted. Yelp reports that 55% of small business closures since March 1st are permanent.

(Source: Yelp Economic Average)
Consumer confidence is falling again, thanks to rising COVID-19 cases and worries about the end of fiscal stimulus,... Read more