Accenture (ACN): A Surprising Contender Among Cheap Dividend Stocks

Accenture plc (NYSE:ACN) is included among the 13 Incredibly Cheap Dividend Stocks to Invest in.

Accenture (ACN): A Surprising Contender Among Cheap Dividend Stocks

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Accenture plc (NYSE:ACN) is a multinational professional services company. The $150 billion firm delivers a wide array of technical and consulting services to help organizations expand, boost efficiency, integrate new technologies, and shape business strategies.

Accenture plc (NYSE:ACN) has proven itself to be a dependable long-term holding, consistently profitable every single quarter since its public debut in 2001. Over that period, annual net income has climbed from under $1 billion to nearly $8 billion today. Its dividend, first introduced in 2005, has also steadily grown alongside those rising profits.

Though Accenture plc (NYSE:ACN) does not hold any dividend growth streak, the company has offered regular payouts to shareholders since 2005. It currently offers a quarterly dividend of $1.48 per share and has a dividend yield of 2.47%, as of September 19.

While we acknowledge the potential of ACN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ACN and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.