3 High-Yield Stocks With Stable Dividends
The dividends on these department stores' stocks are attractive--as are their prices.
David Swartz: Department store stocks Macy’s, Kohl’s, and Nordstrom are high-yielding dividend stocks and we think each of them has currently stable dividends with growth potential. Moreover, we view all of them as undervalued at current levels.
Department stores have struggled with weak store traffic and a competitive apparel market in 2019. We acknowledge these challenges and expect that competitive pressures will continue. Yet, Macy’s, Kohl’s, and Nordstrom are among the largest U.S. retailers both in-store and online; none of them are in financial distress.