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Dividend Sleuth
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Semi-retired individual investor focused on dividends in a Retirement Income Portfolio. Member of the National Association of Investment Clubs (NAIC) since 1982.
  • Silverblatt Names "Magnificent Seven" 0 comments
    Mar 9, 2013 10:53 AM

    In case you missed it, Shirley Lazo's "Speaking of Dividends" column in this week's Barron's ("Payouts Light Up Big Board") includes a tidbit from Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. He speaks of "the Magnificent 7--companies that have sweetened payouts for at least 30 years. If you had invested $1,000 in each of them at year-end 1982, that investment would have been worth $425,581 at the close of 2012, a 14.7% annualized return. The group: 3M (MMM), Coca-Cola (KO), ExxonMobil (XOM), Johnson & Johnson (JNJ), McDonald's (MCD), Procter & Gamble (PG), and Wal-Mart Stores (WMT)."

    I'm long JNJ.

    Disclosure: I am long JNJ.

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