Best Dividend Stocks To Beat Inflation In 2023

    Telemus In the News
    | January 30, 2023

     

    Chief Investment Officer Matt Dmytryszyn was recently interviewed by Forbes about Snap-On’s dividend as part of a piece on dividend stocks that can provide investors with protection against inflation. 
     
    “The financial fundamentals of the business are strong with EBITDA margins over 27% leading to strong and sustainable free cash flow,” says Dmytryszyn. “Free cash flow has typically been double that of dividends paid, which leaves us comfortable in Snap-On’s ability to cover and grow its current dividend, which currently equates to a 2.6% yield.”

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    The article provided above, and the information contained within, is from a third party source, which we believe to be reliable, however Telemus cannot guarantee the accuracy or completeness of such information, and certain information may have been condensed or summarized from its original source. The author of this article is Erik Sherman of Forbes which is owned and operated by an independent third-party. Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Telemus Capital. All opinions expressed in this article are for general informational and/or educational purposes. These opinions are subject to change without notice and are not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product. Telemus Capital does not provide tax, legal or accounting advice, and nothing contained in these materials should be relied upon as such.

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