In a recent article, we highlighted the importance of safe dividend stocks in today’s volatile market. With trade tensions and policy revisions causing uncertainty, investors are turning to dividend-paying stocks for stability and income. These stocks not only provide a cushion against market fluctuations but also offer long-term compounding and shareholder rewards.
One company that stands out among the safest dividend stocks to buy now is Unum Group (NYSE:UNM). As a leading provider of disability insurance, life insurance, and employee benefits, Unum Group caters to both corporate clients and individuals in the U.S. and the UK. With its diversified portfolio and strong market presence, the company has shown resilience in the face of market challenges.
Unum Group’s 52-week market performance of 46.76% is impressive, surpassing market indices. The company’s EPS growth of 10% and a 15% increase in dividends demonstrate its commitment to shareholder value. Additionally, a $1 billion share repurchase program in 2024 has further boosted investor confidence. Looking ahead, Unum Group expects an 8% to 12% increase in EPS for 2025, signaling continued growth.
With a beta of 0.42 and a dividend yield of 2.20%, Unum Group strikes a balance between capital appreciation and stable income. The company is backed by 43 hedge funds, indicating institutional interest and confidence in its performance. Overall, Unum Group ranks 10th on our list of safest dividend stocks to buy now.
While Unum Group shows promise as an investment, investors may also consider other deeply undervalued dividend stocks for higher returns. Our report on a dirt cheap dividend stock trading at 10 times its earnings and growing at double-digit rates annually offers an alternative investment opportunity.
In conclusion, safe dividend stocks like Unum Group provide income and stability in today’s unpredictable market. By carefully selecting stocks based on market cap, performance, dividend yield, and beta, investors can build a resilient portfolio that withstands market volatility. For more investment ideas and insights, check out our recommendations for the best AI stocks and stocks favored by billionaires.
