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The Dividend Report - April 2023

4/10/2023
By Charles Payne, CEO & Principal Analyst

They are all the rage again, which means hucksters will be out in force with some too-good-to-be-true dividend ideas.

A mad dash for yields has impacted the banking community, which is struggling to compete with +4.0% money market funds. The U.S. Treasury Bills (T-Bills) are also very attractive, and Certificates of Deposits have returned with a vengeance.

Amidst all this, more individual investors are now just Googling for the highest yield without regard to other important ramifications. So, this is a perfect time to remind everyone why the yield doesn’t determine whether the stock is a buy or not.

To read the full report contact your account representative or email Info@wstreet.com 

Charles Payne
Wall Street Strategies


 

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