Nestle SANESN-SIXBUYApr 08, 2025Stock price when the opinion was issued
Ballast for your portfolio giving you income if the market sells off. Dividend grows at 6% in CAD terms. Largest global consumer franchise. "Dividend" is almost a 4-letter word in this market, so you can buy these companies cheaper. Very attractively priced. (Price target in Swiss francs.) Yield is 3.89%.
(Analysts’ price target is $87.52)
They sell ubiquitous goods, not luxury, but lower-priced. Pays under a 4% dividend and likely give you less volatility than the market. Is steady and good to own.