Anyone follow and trade Dividend Aristocrats? Dividend Aristocrats are an elite group of 57 stocks that are in the S&P 500 , meet certain minimum size and liquidity requirements and have 25+ years of consecutive dividendincreases, explains Ben Reynolds, a leading expert on income investing, a contributor to MoneyShow.com and the editor of SureDividend. https://www.suredividend.com/dividend-aristocrats-list/
Hate to say but that is a personal opinion. You must be a day trader hahaha. FYI Institutions that buy back their shares, keep their dividend.
I like the idea but I also tried to find those where the dividend is likely to grow beyond what the market expects. My yields went up as a result. But I got an extra 1-2% as a result of this. Not fun. So I just have a basket of dividend stocks in multiple industries and just DRIP blindly occasionally checking Fool for the new hotness (got some good tips from there)
When a strong DA stock approaches ex-dividend date. I notice a pattern , the stock price stabilizes with less volatility. IMO institutional traders are long for the dividend. There are many ways to take advantage of the pattern.
I meant that any advantage of div paying stocks are already priced in. I long term hold. Especially stuff that does not pay divs lol. I may even argue that due to income seekers hunger for yield, div paying stocks maybe overpriced.
if 20-year experience is called novice... value investing is long dead, in the traditional sense when 'value' is defined on conventional matrix... including div yields.. back test.