From the Inside Flap
In 1988, Geraldine Weiss wrote the classic Dividends Don't Lie
. That book detailed the dividend-value strategy behind Investment Quality Trends
, the highly successful newsletter Weiss founded and Kelley Wright now edits. Today, more than twenty years later, the investment world has changed dramatically because of computer technology and the Internet. Tremendous amounts of data and information can be gathered, sorted, and analyzed in a matter of minutes, and what used to take weeks or months at a library can now be accomplished in one evening with a computer. What hasn't changed is the success of the dividend-value strategy for producing consistent gains in the stock market. Dividends Still Don't Lie
shows how the stock market still rewards investors who recognize and appreciate good value.
Rather than emphasize price alone or a company's sector, products, or other analytical factors, the dividend-value strategy uses dividend-yield patterns to make buying and selling decisions. In simple terms: a stock is most attractive when it offers a high-dividend yield. As investors rush in to lock down the high yield, their buying pushes the price higher. Eventually the price reaches an area where the current yield is no longer attractive and buying stops. With no new buyers to push the stock price higher, the price begins to decline—and early investors sell and take their profits. Wright shows that, by understanding the historical dividend-yield pattern of a company, you will be better informed as to whether the stock offers much value, little value, or value that's somewhere in-between.
Four plus decades of research have shown that blue chip companies, those with long records of consistent, competent performance, are far more predictable than are upstarts or less established companies with erratic records of earnings and dividend payments. In short, the dividend-value strategy is a proven, commonsense approach that has ultimately led to long-term results. Dividends Still Don't Lie will show you how to master the stock market by successfully investing in high- quality, dividend-paying blue chip stocks.
From the Back Cover
"After all these years, I am pleased to note that dividendsstill don't lie."—from the Foreword by GeraldineWeiss, co-author of Dividends Don't Lie
Praise for DIVIDENDS STILL DON'T LIE
"In the coming years, there will be increased focus on incomeand dividends as Boomers look to turn their savings into retirementincome. A solid grasp of dividends and how they work will be abasic requirement. Fortunately, Kelley Wright has updated the basicprimer on dividends and their importance."—John Mauldin,Editor, Thoughts from the Front Line e-letter; author, Bull's EyeInvesting
"Kelley's new book provides excellent information on criticalinvestment value of stocks that pay dividends. This book should beread and studied by all serious investors."—RichardRussell, Editor, Dow Theory Letters
"Kelley Wright has taken the success strategy of dividends to anew level. In an age when many claim to have discovered a new pathto Wall Street success, Kelley has refreshed and refined thevalue-based system that uses dividends as a guide to income andprofits. A whole new generation of investors willbenefit."—George Chamberlin, Editor, Investing forRookies
"What a great update of a truly great book for investors! Kelleyhas done a terrific job for individual investors and also for ourclients who are privileged to use Investment Quality Trendsinvestment advisory services. Understanding what dividends can dofor your portfolio is vitally important for investing over alifetime."—James B. Jackson, Jackson FinancialServices
"A must-read for every stock market investor. Dividends StillDon't Lie is the long awaited update on a tried-and-truediscipline. This method tells you when a blue chip stock isundervalued enough to buy or overvalued enough toconsider selling. For decades, Weiss and Wright have addressed hugeaudiences—and with good reason: dividends account for anincreasing proportion of the stock market's total return. Don'tinvest without it."—Kim and Charles Githler, Co-Founders,MoneyShow