The Dividend Investing Blog

Did you hear the great news? Saudi Arabia is going to increase oil production. What’s that you say? There couldn’t have been good news? Why? Oh, because the market didn’t rise today? I see. Looks like investors continue to be wary of oil and banks. According to John McCain, the solution is to drill off the shores of the United States.

The Thoroughbred Folio has reached a new record low. I just thought it was a great time to buy last week. This week looks even (gulp) better. Buy into weakness they say, but you never know how weak it is going to get.

The leaders of the Folio are still as strong as ever. Nucor, Wrigley, and Anheuser-Busch continue to lead the way. There are only six Thoroughbreds in the black right now. We received several dividends this week from McDonalds, Integrys Energy, VF Corp, Avery Dennison, and Consolidated Edison.

The regional banks continue to drag the bottom end of the Folio. Fifth Third and Regions are now off more than 50% from where we bought them. KeyCorp is quickly approaching that point as well. Bank of America is sitting in the fourth spot from the bottom now. Can this get even worse?

Thoroughbred Performance (Week 27 of 52): $-375.54 (-12.52%) Dividends To Date: $44.56

Top 3 Stocks

1. Nucor Corp $23.87 (31.83%)
2. WM Wrigley $22.80 (30.40%)
3. Anheuser-Busch $12.31 (16.41%)

Bottom 3 Stocks

1. Fifth Third Bancorp $-44.79 (-59.72%)
2. Regions Financial $-40.06 (-53.41%)
3. KeyCorp $-36.27 (-48.36%)

Stocks used in this post:

• (AVY: 36.37, -3.99%, Yield: 4.33%)
• (BAC: 26.22, +15.05%, Yield: 11.23%)
• (BUD: 62.50, -2.24%, Yield: 2.13%)
• (ED: 40.40, -1.61%, Yield: 5.69%)
• (FITB: 12.98, +19.41%, Yield: 10.86%)
• (KEY: 11.96, +54.12%, Yield: 16.79%)
• (MCD: 55.91, -2.34%, Yield: 4.59%)
• (NUE: 34.32, -12.65%, Yield: 5.52%)
• (RF: 11.43, +29.30%, Yield: 14.03%)
• (ROH: 70.58, +0.64%, Yield: 2.22%)
• (TEG: 45.62, +0.60%, Yield: 5.89%)
• (VFC: 59.12, -5.42%, Yield: 3.71%)
• (WWY: 0.00, N/A, Yield: N/A%)