Recommended Stocks & Mutual Funds
in the News
Below are updates of our
recommended stocks and mutual funds as well as market news.
03/12/2008
--- Two More Dividend Increases -- 34 Consecutive Years
of Dividend Increases
The Board of Directors of
Devon Energy Corp. (DVN - Value
Stock Portfolio) voted to increase the company's dividend
by 14.3%. Since being added to our Value
Stock Portfolio, the stock has produced a total return
of 72.6% in twenty months. In the past fifteen years, Devon
Energy's dividend has grown at a compound rate of 17.4%
per year.
The Board of Directors of
Wal-Mart Stores (WMT- Hi-Div
Bl. Ch. Portfolio) announced it has voted to increase
the company's dividend by 8%. Wal-Mart has increased its
dividend for 34 consecutive years at a compound rate of
28.07% per year. Over the last ten years, the company's
dividend has increased at a compound rate of 19.8% per year.
