Greggs: The Undervalued UK Staple That's A Must-Have For Dividend Portfolios

  • Greggs is a dominant UK bakery chain with strong brand loyalty, stable margins, and a 4% dividend yield, now trading at historically low valuations. Despite recent share price declines due to macroeconomic headwinds and a hot summer, long-term fundamentals and growth prospects remain robust. Expansion is focused solely on the UK, with over 100 net new stores opening annually, supporting sustainable 7-8% growth rates.