One of our favorite stocks (AGO) today announced the doubling of their quarterly dividend. Their earnings come out on the 28th and I also expect them to have also bought back stock at attractive prices. At the end of 2011 all we heard about in the news was that investors should buy high yield defensive stocks such as utilities, that were the outperformers last year, but they have been drastic underperformers thus far this year. One thing to keep in mind is that it is very likely that the financial sector will be the industry which raises dividends at the fastest rate over the next several years. It has been our belief that once the handcuffs from uncertain regulations and capital requirements are taken off the financial companies, share buybacks, and increased dividends are likely to be a primary catalyst for substantial appreciation. Here is the link to the release: http://assuredguaranty.newshq.businesswire.com/press-release/dividend-releases/assured-guaranty-ltd-increases-quarterly-dividend-100-us-009-common-
INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.