Checking in on the Thoroughbred Folio, the market has not been kind to many over the last week and we are no exception. There was some action in the Folio this week as Synovus (SNV) spun off Total System Services Inc (TSS). We received a total of 1.53659 TSS shares. I made adjustments to the cost basis for SNV and added TSS to the Folio. So how bad was this week for our Thoroughbreds?
Thoroughbred Performance (Week 3 of 52): $118.09 (-3.94%)
Ouch! We dropped nearly 3% from last week. There are only eight Thoroughbreds in the green. Our bottom three this week are all banks with double-digit percentage declines since we started in mid-December.
All indications say this will be a rough year in the markets. It will be fun to see how our Dividend growth companies navigate these waters.
Top 3 Stocks
- Synovus $1.56 (+4.62%)
- Integrys Energy Group $1.89 (+2.52%)
- Anheuser-Busch $1.79 (+2.39%)
Bottom 3 Stocks
- BB&T Corp $11.47 (-15.30%)
- Fifth Third Bancorp $10.81 (-14.41%)
- Regions Financial Corp $10.24 (-13.65%)
Stocks used in this post:
- (BBT: 23.06, 0.00%, Yield: 8.07%)
- (BUD: 0.00, N/A, Yield: N/A%)
- (FITB: 7.71, 0.00%, Yield: 15.30%)
- (RF: 7.66, 0.00%, Yield: 16.19%)
- (SNV: 6.68, 0.00%, Yield: 212.77%)
- (TEG: 40.64, 0.00%, Yield: 6.57%)
- (TSS: 10.95, 0.00%, Yield: 30.24%)
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