Why Does Wall Street Hate These 6%-13% Dividends?

What’s better than a big dividend? A hated high yield. Especially when the disgust comes from Wall Street analysts themselves. You know, the fanboys who follow the company for a living. Analysts are paid to be bullish. Let’s face it, nobody wants to hear from a bear. Here’s how unusual is it for analysts to be down on a stock? There are just two consensus Sell calls across the entire S&P 500. Two. So, when one of the suits says a business is bad, we should take note, right? Wrong . Analysts tend to be trend followers. And as they say in the business, the trend is your friend until it ends .… Read more