Dividend Payers To Offset Inflation: UPS, MRK, CSCO, ICE

Dividend growth is a true hedge against inflation, says Kevin Simpson, author and Founder/CIO Capital Wealth Planning. Consumer sentiment has fallen to a 10-year low and there are concerns about stagflation, hyperinflation or an outright recession, he adds. He is looking for companies with fortress balance sheets, increasing earnings, and increasing dividends over time. He likes companies with lower P/E ratios. He points to UPS with a 49% increase in their dividend. Kevin explains several other names. Tune in for the details.