Plenty of income investors say they are in it for the dividends. But they mistakenly fixate on erratic (and irrelevant) charts like these:
This Chart Will Cost You Money…
Instead of charts with actionable information – like these:
… While This One Will Make You Wealthy
The first chart was price-only, a source of agony for many investors. While the second was quarterly dividends, with this example representing the perfect passive income stream for any retiree.
The latter is often available at a discount because the former – the share price of Omega Healthcare (OHI) – keeps its “ticker watchers” busy. Even though price has gone nowhere lately, it’s been quoted as high as $38 and as low as $28 per share. …