"Best" Dividend Plays for 2009 - mid-year results
For those of you who follow TMFDeej, this is a follow-up to a post he made back in Feb of this year based on an article in Barrons. Basically it was about the 20 "best" dividend-paying stocks for 2009. Here is a link to the original article that he referenced: 20 Best Dividend Plays
Now I have nothing against Deej, and I enjoy many of his blog posts, which are plentiful! But I decided to follow-up and do an (almost) mid-year check on how his take on the best of the best and the ones that he did not like are faring. The results are interesting. Here is a summary of what I found.
"Best" (according to Barrons and Deej) Dividend Stocks for 2009
MO % Price Change 4 Week 3.13 12 Week 3.13 YTD 13.68
RAI % Price Change 4 Week 2.40 12 Week 19.44 YTD -0.62
LO % Price Change 4 Week 10.03 12 Week 20.92 YTD 23.07
T % Price Change 4 Week -6.26 12 Week 7.91 YTD -12.84
VZ % Price Change 4 Week -3.46 12 Week 7.10 YTD -12.77
BMY % Price Change 4 Week 3.66 12 Week 0.84 YTD -12.26
Not the Best (according to Deej)
MDP % Price Change 4 Week 5.33 12 Week 120.88 YTD 65.01
IGT % Price Change 4 Week 14.40 12 Week 109.73 YTD 45.00
EQ % Price Change 4 Week 11.37 12 Week 27.62 YTD 20.38
PPG % Price Change 4 Week -0.31 12 Week 39.58 YTD 7.54
So what did I learn from this exercise? First, don't believe everything that you read! Second, the market this year does not seem to favor the tried and true blue-chip stocks like tobacco and telecom, at least not so far. Expect the unexpected, like gaming and publishing stocks to beat the market.
Other than that, well that's all I got!