Dividend Investing: Is This High-Yield Dividend King a Buy After a Dip?
When it comes to income investing, many investors will turn to Dividend Kings. These stocks have increased their payouts every year for at least 50 years, drawing investors with their decades-long track record of stability.Of those stocks, Target (NYSE: TGT) has drawn attention for its relatively high yield. However, that dividend return has risen amid sales declines from a sluggish economy and public relations missteps. That leaves investors to figure out whether they should dismiss the company's challenges and pursue that yield, or stay away.Image source: Getty Images.Continue reading
When it comes to income investing, many investors will turn to Dividend Kings. These stocks have increased their payouts every year for at least 50 years, drawing investors with their decades-long track record of stability.
Of those stocks, Target (NYSE: TGT) has drawn attention for its relatively high yield. However, that dividend return has risen amid sales declines from a sluggish economy and public relations missteps. That leaves investors to figure out whether they should dismiss the company's challenges and pursue that yield, or stay away.
Image source: Getty Images.
