This Overlooked Indicator Could Hand You An Outsized 14.6% Yield
Lockheed Martin(LMT) Forbes·2024-11-02 20:15
Close up Business people meetinggettyIf you’re like me, when you see an outsized dividend yield, you stop for a second and immediately do the mental math. How much would we get back in payouts from, say, a 9.3% payer if we were to invest $10,000? Or $20,000? Or $100,000?But savvy contrarians we are, we know to push back on this initial reaction and look deeper.Because (as we contrarians know), those big yields can (and usually are) a danger sign.Truth is, a rising dividend is only one possible reason for a ...