There are 9 Dow stocks currently paying 3% or more. (See which stocks I’m talking about in my new “Dow Lab“) Not one of these top 2017 cash flow winners for shareholders is in the top 12 Dow stock price performers for the year.
What we are looking at in 2017 is a “follow the leader” momentum based market move completely untethered from the long term anchor of dependable cash flow for shareholders.
I cannot think of a more dangerous signal for serious money.
As of Sept 2017, all investors should be concentrating on companies that bribe today’s stockholders with a yield of more than 3% and the promise of a higher dividend in 2017 than in 2016.
Latest posts by Richard C. Young (see all)
- Raised on Pasture, No Antibiotics, No Growth Hormones, Ever - September 21, 2018
- The Guru Investment Trap - September 21, 2018
- American Culture is Norman Rockwell Not Constitutional Scholars - September 21, 2018