“We think that we’re in the golden age of dividend investing,” Schreiber said. “Companies are going to drive dividends higher. Companies are cash-rich right now. They have to give money back to shareholders long term.”
So “we like stocks that are good values with dividends,” he said. But like a gambler, you have to know when to buy and when to sell.
“It is important not to just fall asleep holding any stock,” he advised. “Ever.”
Additional News: Dividend Stocks Lose Favor as Investors Seek More Risk
Additional Views: Cramer’s Top Dividend Stocks 2012
CNBC Data Pages:
Don Schreiber, his family, and his company own shares of the companies mentioned. Charlie Smith and his family own shares, but his company does not.
DisclaimerPage 2 of 2 | Prev Page