This 6.1% Inflation-Protected Dividend Has 61% Upside
April 21, 2021 at 05:00 AM EDT
Like many wise money quotes, nobody is quite sure who originally said: “When the facts change, I change my mind. What do you do, sir?” It’s frequently credited to economist John Maynard Keynes. A popular story goes that Keynes changed his mind on a financial issue, was criticized for his “flip flop”—and then delivered the zinger. QuoteInvestigator.com researched the quip and concluded that Keynes never actually said it. (Keep that bit of market trivia in your back pocket.) Regardless, the facts have changed on big oil dividends. On September 9, 2015, I warned readers that Big Oil was a “Big Dividend Trap.” … Read more