It’s September, and stocks are shaky. We’re right on schedule.
The weeks ahead on the calendar have provided us calculated contrarians with some of our best dividend buys in recent years. In fact, two out of the last three years, we took advantage of seasonally weak Septembers to buy low.
In October 2020, with the world reportedly about to end, we locked in yields up to 10.8%. A sharp pullback presented us with values, while an accommodative Federal Reserve provided follow-up fuel. Price gains followed.