There’s a group of dividend stocks out there that are set to skyrocket as the new “Biden buyback tax” rolls in.
These “dividend moonshots” are hiding in plain sight. Most people miss them because they’re looking at the wrong numbers: they’re obsessed with “first level” measures like dividend yields, P/E ratios or whatever.
But we second-level thinkers only need one indicator to find these cash machines, which are poised to profit in a surprising way as the new tax takes effect. I’m talking about a potent number called shareholder yield.
This metric isn’t on any screener, so it takes a couple minutes’ legwork to figure out.… Read more