Collecting dividends is fun. Doubling our money is even better.
From time to time, Mr. and Ms. Market will present us with a deal that includes payouts plus price upside. I’m talking about 50% to 100% returns from secure dividend payers.
These “dividend doubles” require a catalyst. Some event that, if it unfolds, would launch profits—and the firm’s stock price!
Higher interest rates are a compelling “catalyst bet” today. The 10-year Treasury yield tripled between August and April. We noted a few months back that the rate move was due for a breather, and that’s exactly what has unfolded with the benchmark rate briefly edging below 1.3% last week:
Time to “Buy the Dip” in Interest Rates?… Read more