Chronicle Journal: Finance

The Secret to 107% Dividend-Powered Returns by December

This time last week, we talked about my favorite dividend stock for 2021 . The stock yielded 6% as recently as June, but it (deservedly) gained a following among income investors in recent months. These newcomers bid its price up (again, deservedly). In doing so, its yield shrank below 4%, and I recently found myself apologizing to my Contrarian Income Report subscribers for discussing a stock that paid so little by our admittedly lofty standards. Well, I’m glad I brought it up to them and to you in these pages last week, because Synovus (SNV) soared 11% over the next three days.… Read more
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