The Dividend Aristocrats/Champions are mostly Down for the Year

Discussion in 'Stock Market' started by william the wie, May 18, 2018.

  1. william the wie
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    william the wie Gold Member

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    Big time down. What's up are the "There will be Pie In the Sky by and by " Stocks like most of the FAANG issues. This is a classic bubble setup. Are you prepared?
     
  2. Pavel Svinchnik
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    Pavel Svinchnik Member

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    I just sold a stock that was paying 14% annually in dividends. The price had gone up 17% over what I'd paid for it, so I figured that I'd rather take profits equal to a bit over a year's dividends and have the funds right now for other investments..
     
  3. william the wie
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    william the wie Gold Member

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    Out of the hundreds of Champions, Challengers, and Contenders I found 12 issues I did not already either own or had not previously culled that met my 8% minimum dividend yield. And that was before I culled for not paying a dividend in the past three months or no insider purchases in the past year. I am assuming that 4-8 of those 12 ain't going make the cut.

    Smart move. rate hikes ahead.
     

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