Quote:
Originally Posted by valuemkt
This is (IMO) a good solid stock to have in your dividend portfolio. 46 straight years of raising its dividend, currently, as you say, yielding around 3.8%. Very boring product line .. office furniture and some bedding components. If you speak beta, it has a non volatile beta of .9. It took a hit in December, but has recovered nicely. It's one of those steady-eddie SWAN stocks .. (Sleep well at night)
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Thank you.
I like your term SWAN stock.
And, yes, I speak fluent beta. I like it below 1.
I got burned in the 90s when I was having too much fun in tech. It was a lesson learned. But, at least, as much as I reveled in those temporary returns, I did not bet the whole farm, just the butter and egg money.
That comeuppance made me careful and simple and boring when it comes to investing. Hubris hurts.
I just might try to catch LEG.
