Dear Chart of the Day Fan:
Here’s my chart for today. I’ll talk about it shortly after 3:30 p.m. Eastern (12:30 p.m. Pacific) on the Bloomberg Businessweek radio show. Also, I’ll present my Stock of the Day just after 4:05 p.m. (1:05 p.m.) on the radio and later on social media. You can hear me on Bloomberg Radio or see me at Bloomberg Global News on YouTube. Earlier charts are on my Tumblr page.
Thanks for your interest. It’s appreciated.
“It may be time to consider self-gifting dividends to your portfolio,” Lindsey Bell, chief investment strategist for Ally Invest Securities LLC, wrote Friday in a blog post. Bell cited the potential for dividend-paying U.S. stocks to regain strength as the economy rebounds from this year’s recession. She looked at the S&P 500 Dividend Aristocrats Index, consisting of companies that have increased dividends for at least 25 straight years. Through Friday, the index trailed the S&P 500 for the year by 8.4 percentage points. That would be the biggest annual shortfall since 1999, when the gap was 27 points.
Stocks Editor, Bloomberg RadioEditor, Chart and Stock of the DayStock of the Hour, Bloomberg Television
Author, Visual Guide to Financial Markets