It’s the most popular high-yielding stock owned by members of Congress. And they might be on to something. Right now this stock yields 5.9%… and it’s one of the most stable dividend-payers in the United States. During the recession, dividends stayed steady, but in the past five years, investors have enjoyed five annual dividend increases. At last count, 57 members of Congress — 20 Democrats and 37 Republicans — owned shares of this company. Insider-trading is legal for members of Congress and many of their high-ranking aides. They can trade based on the information they encounter in their day-to-day work, even it if it is nonpublic information.
Meanwhile, according to a Barron’s story, members of Congress outperform your typical investor by an extra 6.8 percentage points each year. We’re not suggesting Congress has inside information on AT&T (NYSE: T) — the high-yielding stock that’s owned by nearly 60 members of Congress (that makes it the most popular income stock owned by our representatives). However, when dozens of millionaires with a history of beating average investors year after year own a particular stock, we think it’s smart to pay attention.
Source: Traders-Blog.com
Related Articles:
- 10 Financial Services Dividend Stocks To Boost Your Yield
- Building Yield: 15 Consumer Goods Dividend Stocks
- 10 Higher Yield Dividend Stocks
- Who Owns The Top Dividend Stocks?
- Who Owns The Top Dividend Stocks?
Congress’ Favorite Dividend Stock
Posted by D4L | Monday, December 26, 2011 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.