These Dividend Sell-Offs Could Mean Higher Starting Yields For You!

Dividends Forever
3 min readJun 19, 2024

Have you ever looked at a stock, wanted to buy it, and then watched as the price shot-up to new highs?

That happens a lot.

Which is why it’s important to build a watchlist. This way you can keep an eye on quality businesses and buy them when they’re on sale.

Which leads into today’s topic.

Three stocks that were expensive just a few months ago.

But now they’ve sold-off and you can buy them at a better price…

Northrop Grumman Corporation ($NOC)

Northrop Grumman Corporation makes high-tech military equipment including stealth bombers and UAV drones. And, they’re currently working with DARPA to develop a “lunar railway” system that will put trains on the moon.

This is an incredibly wide-moat business. And Northrop Grumman Corporation’s stock performance reflects that.

Northrop Grumman consistently beats the market, delivering an average annual total return of 15.21% over the past decade, and achieving a 5-year compound annual dividend growth rate of 9.29%.

And while the share price may look expensive at $429, Northrop Grumman trades at a price to earnings ratio of just 17.35 — well…



Dividends Forever

Providing you with detailed insights into long-term, buy-and-hold dividend investment opportunities.