While the price-to-earnings ratios on Wall Street are starting to get a bit ridiculous, high-dividend stocks have yet to lose their luster. Institutional investors, empowered by record low cost of borrowing, are snapping up every company imaginable. As long as PEs stay under 25, then the cost of carry is afforded by corporate earnings.
The dividend advantage
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Stocks
dividend income, DRIPs, passive income, PM, stock
We love DRIPs. Otherwise known as Dividend ReInvestment Plans, DRIPs are nothing more than an investment program where the dividends from stock ownership are automatically thrust into purchasing more shares of the corporation. Over the last 50 years, Altria, formerly Phillip Morris has operated the most successful Dividend Reinvestment Program. Read more…
Investing, Stocks
DRIPs