2 Wonderful Dividend Stocks To Consider As The Market Melts Down

Seeking AlphaDividend Quick Picks | Consumer 2 Wonderful Dividend Stocks To Consider As The Market Melts DownOct. 29, 2020 2:24 AM ET|| Includes: HUBB, LEGby: Dividend SenseiDividend Sensei The Dividend KingsDividend ideas from a top team of analysts to help you sleep well at night.SummaryThe market is melting down over news that Europe is starting to lock down again, causing many investors flashbacks of the economic collapse we faced in April.
Every market downturn is a glorious long-term opportunity for locking in safe income and strong returns, if you have the right watchlist.
Today, I analyzed Leggett & Platt and Hubbell per Dividend King member request for possible inclusion in the Phoenix watchlist, the highest-quality and safest companies in America.
These are the companies most likely to rise from the ashes of this recession and soar to new heights.
Leggett & Platt has the makings of a 10/11 SWAN quality Dividend King, but for now, is a speculative 7/11 quality Dividend Aristocrat that's reasonably priced. Hubbell is a 10/11 SWAN that's about fairly valued, and that I've added to the DK Phoenix watchlist for its strong long-term growth potential fueled by future infrastructure spending.

Every week, I spend 80 hours analyzing and updating companies in the Dividend Kings 473 company Master List. Many of those are specific member requests to analyze companies our members are interested in. Often, I get asked whether or not a company is worthy of the Phoenix watchlist.
This is the only watchlist from which Dividend Kings and my retirement portfolio are buying during this recession.

(Source: Dividend Kings Research Terminal)
The Phoenix watchlist represents the strongest and highest-quality blue-chips, SWANs, and Super SWANS in America. These are the companies that I'm confident will rise like a phoenix from the ashes of this recession and soar to new heights.
The quality of these companies is so great that I... Read more