This 7% Yielding Stock Has Grown Its Dividend for 55 Consecutive Years. Is The Streak About to End?
4 Articles
4 Articles
This 7% Yielding Stock Has Grown Its Dividend for 55 Consecutive Years. Is The Streak About to End?
As the stock market takes a dive and investors rotate out of the Magnificent Seven (and its like) and into boring defensives and proven dividend payers, the boring, neglected high-yielders may finally be worth a second look. Indeed, going for the higher yields could destine one for mediocre total returns, especially if the high-yield stock is of a firm that’s experiencing stagnant, or worse, negative growth. In any case, such “cigar butt” stocks…
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