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Strategies & Market Trends : Dividend investing for retirement

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To: Ditchdigger who wrote (10622)12/23/2011 1:00:26 PM
From: Paul Senior  Read Replies (1) of 34328
 
PBCT. Spent five minutes looking now, and decided it's too tough for me to easily figure.

One determinant of value is return on assets. PBCT's is poor past few years.

I like these banks that have wealth management services. I believe, although I have no factual support, that this provides them opportunities to cross-sell, and and that wealth management is more profitable than lending. So that's a positive for me about PBCT.

Overall, same decision for me: pass for now. Not worth it to me to buy and hold for 5% yield, with not much prospect for stock appreciation that I can see. Jmo. And I've been wrong many, many times.

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Re: it's "good record of increasing dividends". Yes, the dividends have been increasing. However, by just tenth's of a penny.
finance.yahoo.com
At least the dividends haven't been cut. That's better than lots of banks can say.
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