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Dividend Yielding Stocks: Village Super Market

Chris Versace

As we saw in the April retail sales report, people continue to eat, as evidenced by the 2.1% year-over-year increase in grocery store retail sales and the 5.7% increase in food service and drinking place retail sales. It also means looking for companies that have defensive business models and enviable dividend yields. Again, people need to eat, and during periods of slowing growth, uncertainty and restrained disposable income growth, as we've seen in recent month, consumers tend to favor grocery stores over dining out.