My July 28 article When to Take Profits in Dividend Stocks highlighted a two-step profit taking strategy for dividend paying stocks:
Over the past couple weeks, the entire Lifelong Income Portfolio reported second-quarter numbers and management teams delivered guidance for the rest of the year. That makes now an ideal time to evaluate where each of our recommended companies stands on business strength and value—to ensure they still rate a place in our holdings.
Below, we highlight and analyze in brief the key developments for our 15 stocks and update our advice. We’ll look at the progress of our bond funds in the next issue of Capitalist Times Premium.