The Most Undervalued Dividend Champions
Savvy investing is all about value, at least according to Jim Cullen, president of Schafer Cullen Capital Management, in an interview with the FT. In his four-plus decades of industry experience, he's seen countless growth bubbles blow up in investors' faces. In the end, it's the slow and steady, fairly priced stocks that almost always win the race. And for Cullen, dividend yield is a major part of the valuation equation.
Case in point: Say you $1000 invested in the S&P 500 in 1957. With dividends reinvested, this would have yielded you a $149,598 by 2009. If that same starting amount had instead been invested in the 20% of stocks with the lowest dividend yields, it would only have resulted in a measly $60,586; but $1000 invested in the 20% of stocks with the highest dividend yields would have netted you a whopping $577,587.... Read more