It’s a tradition unlike any other! Move over, Masters. In these contrarian pages we select one dividend stock (or fund) for the year ahead.
Last year we bet on a “safe, somewhat-secret” 7.4% dividend from Jamie Dimon & Co with iShares JP Morgan USD Emerging Markets Bond ETF (EMB). EMB’s payout plus price gains combined for a 12% total return.
Nice. This is exactly what we look for as income investors. A high-yield investment that will pay us our divvies—and gain a bit in price. But this year we are flipping the script. My favorite divvie stock for next year is a growth play with a lot of upside but only a modest 2.2% current yield.… Read more
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