The key for investors in a volatile market is dividends, dividends, dividends, Hersh Cohen, of Legg Mason Clearbridge Appreciation Fund, told CNBC Thursday.
He said while the stock market has behaved abysmally, dividends have gone up 6 percent a year compounded over the last decade.
Cohen added that the dividend yields are almost as high, or even higher, than 10-year Treasuries.
http://www.cnbc.com/id/37904230/
No comments:
Post a Comment