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September 01, 2020 10:18am
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1 Deadly Dividend to Sell “on the Rip” (and 1 Payout Soaring 590% to Buy)

I know it goes without saying that we’ve all loved watching our dividend stocks skyrocket this year. But October—as always, it seems—has amped-up the volatility. The end of the year looks choppy, with a widening war in the Middle East and a contentious (to say the least!) election on tap here at home. That makes now the time to sell any flawed dividends you may hold “on the rip.” We’ll break down one of these losers below. It’s the kind of stock that’s gone nowhere for so long that you may even have forgotten you own it! But we’re not just going into a defensive crouch here, because despite the market run-up, there are still some cheap dividend growers on the board.… Read more
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