Hary (Hersh) Cohen was recently on CNBC to discuss his thoughts on the market and his favorite dividend paying stocks. Hersh is the Chief Investment Officer of ClearBridge Advisors and he leads a team that manages Dividend Strategy and Equity Income Builder products. He said that many companies are raising dividends aggressively in 2012, and he is expecting these above average increases to continue.
Hersh explained that this positive dividend growth is just one more reason to invest in high yield dividend stocks. He said that there is no better alternative to dividend stocks for investors seeking income, as long as the Fed is keeping rates low.
Source: Seeking Alpha
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