Ranking the Dividends of the 'Teenage' Retailers
By this point it is well known that the American teenage unemployment rate is at a drastically high level. At the start of the last few summers (starting here and more recently) we have been made aware of the fact that 25% of teenagers cannot find jobs. This is going to date me, but the classic protocol was: get out of school, work through July and August, somehow spend all of those earnings by October, thus necessitating further employment, and find said further employment. With this process now being much more difficult to perform, (and assuming that those who are working are not being paid as much) we are left to ask how are they spending the money they do have and can retailers who sell teenage apparel sustain their relatively decent dividend yields.In the first holiday season once the recession had started, there was a significant drop in... Read more