Everywhere you look, there’s a subscription service begging for your attention: from Netflix (NFLX) to cable TV … and even a Hot Sauce of the Month Club.
Pretty well everyone has at least one, and many folks have several. One study showed that 7% of American households have six or more services for video alone!
There’s a reason why companies charge recurring revenues, of course. It’s a great business model to hit up our credit cards monthly.
But great businesses don’t always translate to rewarding stocks. We contrarian dividend seekers tend to steer clear of the streamers because:
- They pay no dividends!
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