Investors seeking a sanctuary from a potential bear market may want to examine the prospects of Dublin, Ireland-based professional services provider Accenture plc (ACN). With a tech turnaround underway, the stock looks positioned to weather the expected economic downturn.
Plus, the company offers a steady income stream through solid dividend payouts. Currently yielding 1.70%, ACN’s annual dividend of $4.48 has averaged a 1.33% yield over the last four years and has been growing at CAGRs of 3.9% and 11.3% over the past three and five years, respectively.
