In an era when political debates make middle school assemblies look like Mensa meetings, it’s no wonder investors are looking for something—anything—reliable.
Enter the dividend. Dependable. Predictable. Comforting, even. Like a warm cup of decaf in a world that runs on espresso and outrage. But don’t let that siren song of a 12% yield lull you into financial narcolepsy.
Sometimes, the louder the yield, the shakier the company. Here, I explain the profits and perils of big yield hunting.
This post originally appeared at Investing Daily.