Dividend Payers Up To 9% That Don’t Crumble Under Pressure
November 01, 2024 at 05:00 AM EDT
Election. Recession. No landing. Social unrest. Election contest. Low beta , anyone? Today we’ll talk calm in a sea of manic. A six-pack of tranquil dividend payers yielding up to 8.9%. How do we know they’re tranquil? Beta, baby. A stock with a beta above 1 is considered more volatile than “the market.” A stock with a beta below 1 is considered less volatile. Let’s say a stock had a beta of 0.5. This means it’s half as volatile as the market. If a 30% bear market swipes, this safety stock only loses 15%. It’s an inexact science—I wouldn’t build projections per se around current beta.… Read more