A relatively unfamiliar name just flashed up on my stock screener for possible inclusion in a passive income portfolio. That is money made with little effort, and in the current high cost-of-living climate it is even more welcome than usual.
The stock in question has strong forecast earnings growth — the key driver for gains in any firm's dividends and share price. It also looks 47% and 70% undervalued, according to respective short- and long-term estimates. And it has a current dividend yield of 7.7%, projected to rise to 8.3%.
