TheStreet Launches Dividend Stock Advisor Newsletter
Helmed by Jim Cramer protege and Portfolio Manager, David Peltier, the cornerstone of Dividend Stock Advisor is a diversified model portfolio of dividend stocks with expected yields of at least 3%, a track record of consistently raising their payouts and the potential to generate double-digit annual returns with relatively little risk. Every two weeks, Mr. Peltier will update readers with the prospects of each name in the portfolio and, as market conditions warrant, will alert them in real-time of buys or sells in the portfolio. Dividend Stock Advisor will also educate investors about dividend stock investing, which has come back to the forefront given historic low rates in bonds, CDs and money market funds.
"I won't just pick the stocks with the biggest dividends, nor the ones with the highest yields," said Mr. Peltier, "Of course, I look at dividend yield, but I'm also looking for stocks with good growth prospects, so regardless of the rise or fall of the stock market, Dividend Stock Advisor should deliver consistent total returns, combining both dividends and capital appreciation."
"Week in and week out, no one does a better job of uncovering the highest performing dividend stocks than David Peltier and our Research Team here at TheStreet," said Jim Cramer. "And now -- with Dividend Stock Advisor -- investors can expect the best of both worlds, high dividend yields and high growth. Anyone who has read me at TheStreet or watched my television shows knows that I think dividends are the most important part of successful long-term investing."
Although the service is formally launching today, Mr. Peltier has been running the portfolio since the first day of the trading year, January 2, 2013. Year-to-date through yesterday's close, Dividend Stock Advisor has returned 4.86%, outperforming the 4.54% rise in its benchmark, the iShares Dow Jones Select Dividend Index ETF (DVY) . Past performance, though, is no guarantee of future success.
About David Peltier
Mr. Peltier joined TheStreet from Individual Investor magazine in August 2001 and also writes and manages the very popular Stocks Under $10 subscription service. He graduated from New York University's Stern School of Business with a degree in Finance and has appeared as a guest on NPR, Nightly Business Report, CNNfn, WNYW-TV and presented at The Money Show. You can also follow Mr. Peltier on Twitter @davidspeltier.