Down $4.17 Investors lost more than 2 1/2 years of dividend income today ($1.56/yr payout). Another great example why investing for dividends is a horrible strategy.
Yes very serious. How did a “Blue Chip” dividend portfolio of KO, GE, IBM, GM, F, C, JPM, BAC, AIG, WFC, MO, PM, PFE, XOM, VZ, T, Etc etc do over the last 5, 10, 15, 20 years? And that’s not even counting the many “great dividend” companies that went BK in 07-08 Enjoy those “juicy” dividends while the stocks went nowhere in the longest bull run in history.
I don't have that basket of stocks memorized. And the S&P 500 of today is probably not the same S&P 500 of 1989 or whatever
Ummmmmmm what? The S&P 500 is the same S&P 500 index no matter who is swapped in and out over the years You really aren’t making sense
The purpose was to confuse you and point out how awful a dividend investing strategy is. Two for two!