Collecting a yield close to two times the 10-year US Treasury yield in today’s ultra-low interest rate environment is a good deal. Collecting it from the stock of a company that has survived scores of recessions and depressions, including the Great Depression, is a very good deal. It offers some sort of reassurance that the dividend won’t be cut or eliminated with the first economic slow-down.
from Forbes - Leadership http://ift.tt/2a1UzQd
No comments:
Post a Comment