One of the biggest mistakes I made after joining InvestorPlace was to give up on Costco Wholesale (NASDAQ:COST) stock.
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I had a nice profit. I could have stayed in. But, fearing the process of demographic change – young people moving into small apartments – I bailed.
Since then, Costco stock is up more than 61%. The dividend has steadily increased, to 79 cents per share. More important, I still go to Costco.
That should have been the “tell,” the fact that stayed my hand. I’ve been a loyal Costco shopper....More>>>
Sideways oil prices may limit its ability to gain in the near term. But if you’re thinking of buying Exxon Mobil (NYSE:XOM) stock for its high yield, there’s little reason to worry.
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With 2020’s troubles behind it, the integrated oil and gas giant is no longer at risk of cutting its dividend. Expected earnings for this year ($4.28 per share) will more than cover its payout.
Sure, investors still have reasons to price in a risk premium. This can be seen in its forward yield of 6.3%, which is above its average dividend....More>>>