Buying Apple for Dividends

From Jeff Reeves at US News and World Report:

Eddy Elfenbein, portfolio manager of the AdvisorShares Focused Equity ETF (CWS), says Apple can be a dividend play and that income investors don’t have to look solely for “old granny stocks” that offer income but little in the way of growth.

AAPL is a great alternative to traditional stocks that income-oriented investors buy, Elfenbein says, because it pairs dividends and growth – which means modest dividends now could become significantly larger over time.

“Too many investors ignore dividends, but they’re very important” in any investment, he says.

Price in blue, dividends in black.

Posted by on June 27th, 2017 at 11:28 am


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