Where did OGN come from?

Organon, a recently spun-off entity from pharmaceutical giant Merck, has emerged as a compelling investment opportunity. The company, trading under the ticker symbol OGN, has quickly distinguished itself as one of the most affordable options within the prestigious S&P 500 index.

Organon's affordability is further enhanced by its generous dividend policy, which has recently been set at a remarkable 3.7% yield. This figure surpasses the yields offered by many of its peers, making it an attractive choice for income-seeking investors.

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Adding to its allure, Organon recently announced second-quarter earnings results that surpassed market expectations. This positive financial performance underscores the company's strong fundamentals and potential for future growth.

As a result of its strong performance and attractive dividend yield, Organon has garnered significant attention from investors looking to diversify their portfolios with high-quality, low-cost stocks.