My Dividend Picks Beat Wall Street
I was contacted by a reader about the performance of 5 dividend stocks that I selected last May.The original article focused on Companies with outstanding dividend yields. He judged the performance of the five stocks over a one year time period. The 5 stocks that I selected were BP, Altria, Verizon, AT&T, and Total. Let’s see how my dividend picks did.
Here are the stats from the Dividend Inc.
The average capital appreciation for each stock was 22.5% and the dividends added another 8% to the investment portfolio. Total was my best pick. I just knew that the oil company was way too undervalued.
A 30.05% return on investment is pretty good. That beats the S&P 500 Index’s performance over the past year.
Tags: dividend picks