Top Dividend Stocks in the Retail Sector

It was a rough week for the retail sector, but that doesn’t mean retailers no longer make good investment opportunities. Many of them still offer healthy share price returns in addition to regular dividend growth. Later in this article, I’ll tell you about what I think are three of the top dividend stocks in the retail sector. But first, let me tell you about my latest shopping experience…

For my money, the top dividend stock in the industry is General Motors (GM), which is a leader in those big high-margin models, both here and in China (which is actually GM’s largest market). In the latest quarter, GM reported a 3% increase in retail sales, and 4% and 21% increases in sales to commercial and government fleets, respectively. Truck sales rose 19% year over year. Longer term, GM has partnered with Lyft to become a major provider of the cars used to shuttle around non-car-owning urbanites. And the two companies plan to introduce self-driving taxis within a year, using GM’s Chevy Bolt.

Source: Cabot

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