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Universal Display Is Suddenly a Compelling Dividend Stock -- Is It Worth Buying Now?

Universal Display Is Suddenly a Compelling Dividend Stock -- Is It Worth Buying Now?

Buying the dip has stopped working this year for shareholders of Universal Display (NASDAQ: OLED). In fact, the products and processes provider for OLED screen manufacturing has fallen below where it was in March 2020 (when pandemic lockdowns began) and has reset all the way back to levels not seen since early 2019. Is Universal Display worth buying for that dividend right now?