Any ideas as to the identity of the 3 companies Ian identifies as ”Dividend Al Capones” that allegedly hold monopoly positions in their markets and allegedly pay out huge dividends (one of them $232/share), increasing them every year? See the tease at http://www.highyieldwealth.com/landing/29514/hywded90capryan3913wd
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
The first stock is McDonalds. The dividends paid by McDonalds match the graph exactly.
Thanks, Paul.
The second dividend Al Capone stock is Altria. They hold 50% of the US market, followed by Reynolds America at 29%.
Again, thank you.
Thanks!
And what is stock # 3?
Still wondering what the third Dividend Al Capone stock is. Anyone got an idea or answer?
BERKSHIRE HATHAWAY?
Berkshire Hathaway does not pay a dividend.
Well # 3 has paid out more than a century of dividends, so it would likely be a company like proctor and gamble, colgate, or general mills. Not sure which one though as the teaser is pretty vague.
Could it be a gambling stock??
I think it is Johnson & Johnson ( Founded 1886, and 52 straight years of raising its dividend).
Proud to become a member of the JNJ family! Excellent company
Or it may be General Electric. GE has paid a dividend each quarter for over one hundred years. and is the only company that was on the original 1896 list (one of 12 at the time) that is still part of the DJIA.