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4 Tariff-Proof Dividend Stocks Poised to Double


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By Brett Owens

Is it time to tariff-proof our dividends (again)?

A couple months into the U.S.-China trade tensions, I said the key was to buy dividend-growth stocks : aEURoePayout growth like that is proven to throw an updraft under share prices when the markets get skittish due to any kind of worry: trade spats, terrorist attacks, warsaEUR"you name it.aEUR

Then I highlighted a trio of dividend growersaEUR" Life Storage ( LSI ) , Ecolab ( ECL ) and Carnival Corp. ( CCL ) aEUR"that looked primed to swim upstream. Unpredictable fuel costs helped weigh on our Carnival pick, but even then, the combined total return of all three selections nearly doubled the S&P 500aEURtms return.

A Winning Tariff-Proof Portfolio


Now, here we are again. The U.S. has ramped up tariffs on China, and Beijing has retaliated. Stocks have plunged into volatility in the early offing. Uncertainty is back.

You and I can focus on the factors that matter, however: dividend growth, high current yields and/or businesses that are mostly China-proof. LetaEURtms get into a new tariff-proof four-pack with 100% price upside or better (powered, as usual, by soaring dividend payouts).

WendyaEURtms ( WEN )
Dividend Yield: 2.2%

I donaEURtmt want to linger on burger-slinger WendyaEURtms ( WEN ) too long because I highlighted it earlier this month. But it bears repeating as a great way to fend off the Red Dragon.

You can read my bull case on WendyaEURtms in full here , but in short, it has red-hot dividend growth and a skinflint payout ratio, as well as generally improving operations.

What makes it a specifically compelling play right now is that itaEURtms one of the largest fast-food companies that arenaEURtmt really exposed to China. In fact, WendyaEURtms has precisely zero locations in the country . Malaysia, Japan, the Philippines, Indonesia aEUR

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: Investing , Stocks
Referenced Symbols: LSI , ECL , CCL , WEN , T




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