The analyst recommends Bunzl as a solid dividend aristocrat that has underperformed recently, leading to a high dividend yield. Despite a recent revenue forecast cut and slight margin pressure, the company's core business of supplying consumables globally remains robust, with strong cash flow and dividend coverage. The stock is considered undervalued with a P/E ratio significantly below its 10-year average, offering attractive annual returns even with conservative estimates.
“Also hier auch entsprechend der Dividendenbonus und wie gesagt ein Dividendenaristokrat.” — ▶ Ver clip