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Strategies & Market Trends : Value Investing

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To: Sergio H who wrote (44701)9/30/2011 5:23:50 PM
From: Paul Senior1 Recommendation  Read Replies (1) of 78661
 
With market down more again today (Dow -240), from my perspective there doesn't appear to much safety to seek out dividends for safety.

It seems to me with stocks dropping:

My industrial dividend-paying stocks have moved from yielding 1-3%, to now yielding 3-4%
My reit stocks that were yielding 7-8% are now yielding 8-10%
My bdc stocks which were yielding 8-10% are now yielding 10-14%

Just one sector I'm aware of where yields are holding up or falling. That'd be utilities where prices are being pushed up as market participants enter areas where they believe consumer demand will continue to exist even in a double-dip recession. That would be of course pharma (people will need medicines), consumer staples (people will buy their toothpaste, paper goods, cleansers, etc) and utilities (people will want gas/water/elec).
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