What are we dividend investors to make of this presidential election? Are we supposed to buy now or wait to see what happens in November?
Before we get into that—and discuss a 10.7% dividend that’s very appealing pre–E-Day—there’s one thing we must do: set aside our personal politics and stay laser-focused on the investing angle here.
With that said, there are two things I see as likely no matter who wins this thing:
- A post-election rally: According to Deutsche Bank global chief strategist Binky Chadha, stocks typically rally 5% from Election Day until the end of the year when an election is close, regardless of the result.