DOWN OVER 20%…! HUGE Opportunity for Dividend Growth Investors OR… Is there MORE Room to Fall?! [Video]

This stock is DOWN over 20%… with a dividend GROWTH OVER 10%. Is it time to buy this dividend stock right now?

Why do dividends matter? Dividends are one of the best passive income sources. Dividend investing increases your passive income, as you reach financial freedom!

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In today’s video, we go over a healthcare stock. A stock that has gotten punished by the entire market, by Robert Kennedy Jr., by the decision for Medicare/Medicaid and the cost to big health insurers AND now – Anthem backtracks on anesthesiology.

Yes, we are talking about Elevance Health (ELV)!

This stock has grown dividends over 12+ years and at an average dividend growth rate of over 11%.

Furthermore, the stock yield is now getting close to 1.70%, very high for a growth stock, in our opinion.

Given the headwinds, the stock is down 20% this year and finally is at a new 52-week low, at a low we haven’t seen in a LONG time.

The dividend payout ratio is very safe, as well, at below 20%. Even if earnings were cut in half, we are talking only a 40% dividend payout ratio then.

Therefore – do you think it’s time to go all in on this stock? I know I am buying at these stock price levels. Are you buying this stock right now?

What other stocks to buy are out there? What else are you investing into for building passive income and getting to financial freedom?

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