Updated from 8:07 a.m. EDT, March 17
If a stock has raised its dividend regularly over many years, that means it's a good buy, right?
Not necessarily. According to
Gary Dvorchak, long-term dividend performance is not what matters right now, "
." Rather, he likes the companies that are currently raising dividends, in the midst of a bad recession.
Every week, Stockpickr reviews the recent dividend declarations and compiles a portfolio of the
for the previous week. This week's portfolio includes such stocks as
Piedmont Natural Gas
, yielding 4.5%, and
, yielding 1.8%.
To read more,
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