Friday, May 20, 2011
KO, Verizon and AT&T
A couple of days ago I took a finance seminar with SCORE. It was really good and I learned that some companies will make money just because their assets, like land, will appreciate. KO has a little over 9% gain per year on assets, I think mainly because they own the land their plants are on. Also on top of that they pay a 2.88% dividend. So that is about 12% gain just on dividends and appreciation. Verizon and AT&T I haven't checked out yet but they pay around 5% dividend which is really good. Even if they just keep up with an 8% market you are getting about 12% a year, which is really good over the long term. If I can make some money trading Chesapeake I may buy some of these stocks for the long term. Also Pitney Bowles has a really good dividend.
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