Ready for the inaugurations? Yes, with a plural. We are talking seven brand-new dividend programs today.
Dividend payers are our beat here at Contrarian Outlook. And we welcome newcomers because they can really kick off a phenomenon I refer to as the Dividend Magnet.
Over long time frames—years—stock prices follow their payout higher. We like dividend growers because they are the surest, safest way to profits in the stock market. Buy a rising payout, sit back, and watch the stock price chase it.
This post originally appeared at Contrarian Outlook.