Michael Shulman

7 Dividend Stocks to Prove Buy-and-Hold Isn't Dead

Add TAXI to the list -- 9% plus dividend, 0.3% default rate on taxi medallion loans, overall loan portfolio default rate of 2.2%, tiny in this environment, they are de-leveraging in anticipation of rising interest rates next year and moving to service the loans they have sold to improve the return on capital and improve margins.