A Top Dividend Stock to Buy Now! (6% Yield, 20% Undervalued)

Looking for more income in a yield-starved environment? Want to collect big dividends but you don’t want to take on too much risk? Would you like to know about a stock that's offering a yield more than three times higher than the broader market? In today’s video, I tell you about a high-quality stock that pays big, growing, reliable dividends. These growing dividends are funded by growing profit, because this business is providing high-value insurance products and asset management services to millions of customers. There are certain business models that have stood the test of time.

Insurance is one of them. This business was founded over 140 years ago. How's that for standing the test of time? I've personally invested in stocks just like this one on my way to going from below broke at age 27 to financially free at 33. Best of all, the stock looks undervalued right now. Price is what you pay. But value is what you get. Why’s that important? Because buying a dividend growth stock when it’s undervalued should provide for a higher yield, greater long-term total return potential, and reduced risk. With this in mind, the stock I tell you about today appears to be trading at a significant discount today!

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LEGAL DISCLAIMER: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose your entire investment. If your money is not FDIC insured, it may decline in value. Jason is not a licensed financial advisor, tax professional, or stock broker and he does not purport to be.

[RationalHandeln]

Bought it heavy the last few weeks. Very good investment Greeting from Berlin :)

[carolynbrown]

We have the Life Ins for $39.99 a month, $20, 000.00. Plus 85 shares& before Covid it was almost $90.00 a share. We get back $600.00 a year dividends. It pays for our Ins. Plus more back.

[sagig]

Fantastic video! I hope it's okay to ask: Why do you think PRU is trading this low (20% lower)? I realize the financial sector isn't recovered at all, but that suggests some future risk to that sector and perhaps also to PRU. How do you assess the risk to PRU and the financial sector as a whole? THANKS! Again - GREAT video.

[davidmoolekampcpa]

Hi Jason love your videos and book even more and have recommended your book to many people. At what length of time is Morningstar rating not relevant as your video pointed out Morningstar undervalued the stock but the rating was from 5/6/20?

[billyjohnson]

Another great dividend stock. I own PRU, PFG and MET... JPM is a good buy now

[DividendDiplomats]

Jason -

Definitely an interesting play. They have the insurance arm that differentiates them quite a bit vs. other investment advisory management firms. Further, the international exposure they have is fairly strong.

-Lanny

[JAXFinancialUK]

The UK has some of the best and higher yield dividend income stocks, but we do have quite a bit of risk to deal with, one being brexit. But for long term investors, this could be a good time to start buying for the long term!

[rustyshackleford]

Thanks for the work you do. Excellent analysis and concise. Currently have a significant position in Aflac. I have a minor position in PRU. Bought 10 share blocks 2 times albeit at higher prices last 2 years. Though I've considered adding more aggressive as of late. Thank you for the nudge. What percentage of your portfolio is in PRU? And what is your cap as far as % say 5% or as much as 10%? For me personally I try not to exceed 5% in any one company.

[duke_fleed]

Hello. Thank you for the video. Im new to stocks and i have been researching a bit now. One question that i have which i see some stock "experts" mention, is that you must pay taxes on the dividends. Therefore building dividends is not good to build your wealth but finding good stocks with high earnings is better. Then when you are close to retire you can switch to dividends stocks. Any ideas here? Thanks!

[RyanBlockb]

He was right it's up today 01.28.21 to $81.19

[VikingSummer]

I bought a bunch of PRU and it has been so good to me!

[MarkSkrzypczak]

After watching your video on Travelers, I kept my eyes on Prudential. This really does seem like a good time to buy.

[Kj-xjpp]

Hi Jason, how’s it going? Thanks for the great content as always. Definitely will add to the watch list. I’ve bought shares in travelers since I saw your video and a little investigating. Thanks for the tip👍🏾. Stay safe!

[omarfuentes]

PRU wonderful company to invest. I proudly own this one for the long haul. Thanks Jason for the great analysis. Take care brother.

[dividendkinginvesting]

I would be really interested to hear your opinion on oil stocks right now. For example, XOM Chevron and Total have massive yields and huge potential for capital appreciation when economic activity picks up

[JayFairbrother]

Great breakdown of PRU, convinced me to give it a closer look!

[gregpatrick]

I don’t own this one yet but seriously considering it 🤤 — great analysis as always Jason.

[clownanaround]

Im long PRU, as of right now it yielding 7.1% great time to buy

[TH-uwpy]

"Leviathan" there's a word I haven't heard since college lol. Great video Jason :)

[TETrading]

Good analysis. Im still a little fearful of financials.