WSTNN, Author at WStNN.com™ WallStreetNewsNetwork® Stockerblog™ WSNN®

What Elon Musk Said at the Tesla Annual Shareholders Meeting Yesterday

by Fred Fuld III

The Tesla (TSLA) annual meeting was packed with shareholders yesterday. at the Computer History Museum on North Shoreline Blvd. in Santa Clara, California. I arrived an hour and a quarter early and the long line to get in through security was already lined up all across the very wide building.

Outside the entrance were the latest Tesla vehicles, including the Tesla Semi truck. But the one that attracted the most interest was the new Tesla Roadster.

By the time the meeting started, it was standing room only. The official part of the meeting went quickly, and the corporate voting results were in line with what the directors recommended.

Once that was done, Elon Musk came out and gave a presentation, which included a question and answer session at the end.

Musk began by saying that of all American car companies, only two haven’t gone bankrupt, Ford and Tesla. He initially pointed out that he expects Tesla to be producing 5,000 cars a week by the end of this month.

He discussed the market share of the Model 3 and said that it is the best selling midsize of any kind, not just electric or hybrids. He also expects to be producing lower cost cards by the end of the year.

He mentioned that employee safety is an important issue for him and that the company’s injury rates are 6% below the industry average year to date. It has a 50% decrease in the injury rate from the final years of NUMMI (the Toyota GM partnership). Most of the injuries are due to repetitive stress, such as back strain, and the company is working on that issue by rotating employees through different roles.

Tesla currently has 9,969 superchargers worldwide. The company has 1 gigawatt of cumulative energy storage deployment year-to-date, and expects another gigawatt in less than a year, with each year being the combined sum of future years.

Tesla ships more battery capacity than all the other EVs combined.

SolarCity is now installing its first solar roofs, where the entire roof is made up of roofing materials that are solar panels. They are still under evaluation because the company wants to be sure that they will last 30 years.

The company is expecting positive GAAP net income and positive cash flow in the third and fourth quarter. In addition, Musk has no plans for incremental debt or equity funding.

The Model Y production will begin next year.

The Tesla Semi is being developed. The company is working on obtaining acceptance in countries around the world.

The Tesla Roadster can outperform any gas car in every way. Musk said that they are even offering a “SpaceX Option Package”.

The gigafactory is one third completed and will be completed in four to five years. At that time, it will be the biggest building in the world. Everyone will be produced in it: the vehicle, battery pack, and powertrain.

Tesla is also working on setting up its first gigafactory outside the US, which will be built in China. The next one will be built in Europe, with an ultimate goal of 10 to 12 worldwide.

Everything is recycled and the company is spending more on R&D to improve recycling, especially in the gigafactories.

In regards to insurance, Tesla is getting the cost of insurance lower than the BMW 3 Series.

The waiting time for the Model 3 in the US is three to four months, however, the right side driver models have a waiting period over a year. Test driving the Model 3 should be available by the end of the month.

Musk expects to have ten Tesla body shop repair locations by the end of the month, with same day repair service for many of them, which will have restocked parts.

Tesla expects to have a compact car in less than five years.

Tesla is enhancing the Tesla app. It can already change the temperature of your car before you get in it, but Musk wants the app to anticipate your needs as if it was a chauffeur.

Musk has no plans to make motorcycles, due to an accident he was in when he was young.

One amusing incident was a question that was asked by a member of an animal rights group. She asked if leather could be removed from the gear stick shift and the steering wheel. So Musk said, “Stick shift? What’s that?”

Disclosure: Author is a shareholder of TSLA.

Stocks Going Ex Dividend During the Month of June 2018

Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the quarterly dividend amount, and annual yield.

Southwest Airlines Company (LUV)	6/5/2018	0.16	0.93%
Abercrombie & Fitch Company (ANF)	6/7/2018	0.20	3.67%
Ross Stores, Inc. (ROST)	6/11/2018	0.225	0.87%
HP Inc. (HPQ)	6/12/2018	0.139	2.40%
Best Buy Co., Inc. (BBY)	6/13/2018	0.45	2.14%
Coca-Cola Company (KO)	6/14/2018	0.39	3.48%
Merck & Company, Inc. (MRK)	6/14/2018	0.48	3.14%
Las Vegas Sands Corp. (LVS)	6/19/2018	0.75	3.65%
Tiffany & Co. (TIF)	6/19/2018	0.55	1.51%
Yamana Gold Inc. (AUY)	6/28/2018	0.005	0.70%
Xerox Corporation (XRX)	6/28/2018	0.25	2.97%
Wolverine World Wide, Inc. (WWW)	6/29/2018	0.08	0.76%

The additional ex-dividend stocks can be found here at wstnn.com. (If you have been to the website before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at HERE or WStNN.com. Most of the lists are free.

Dividend definitions: Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

Coffee May Be Healthy for You and Your Portfolio

by Nkem Iregbulem

Many people drink coffee first thing in the morning. Some heavily rely on this dose of caffeine to boost their energy and start their day. Turns out that in addition to its energy-boosting powers, coffee may be associated with more health benefits than we once thought. Recent studies have highlighted different reasons why coffee may be good for us.

One news article reports on a recent study conducted to examine previously unidentified risk factors for certain heart conditions. Researchers at the University of Colorado medical school analyzed data from the Framingham Heart Study, which track the eating habits and cardiovascular health of over 15,000 individuals since the 1940s. They used machine learning to identify trends in this large data set. The study found that drinking coffee may lower one’s risk of heart failure, stroke, and coronary heart disease. The researchers used the same methods to analyze two other large study groups, the Cardiovascular Heart Study and the Atherosclerosis Risk in Communities Study, and found similar results.

An umbrella study published in the British Medical Journal in 2017 highlights a range of coffee’s potential health benefits. The study identified over 200 meta-analyses of observational and interventional studies that investigated the link between coffee and numerous different health outcomes. These health outcomes could come from any adult population in all countries and all settings. Researchers found that drinking three to four cups of coffee per day lowers one’s risk of all cause mortality, heart disease, several specific types of cancer, and neurological, metabolic, and liver conditions.

Another study, published in Circulation for the American Heart Association, presents positive findings. The study investigated the connection between the consumption of caffeinated and decaffeinated coffee and total and cause-specific mortality among men and women from the Nurses’ Health Study, the Nurses’ Health Study II, and the Health Professional Follow-up Study. Researchers found that the consumption of 1 to 5 cups of coffee a day may lower one’s risk of mortality. More specifically, they found that coffee consumption was associated with an 8% to 15% reduction in the risk of death.

You can even use coffee as a financial instrument. The price of the iPath® Series B Bloomberg Coffee Subindex Total Return ETN (BJO) has decreased by 1.16% since it began trading this past February. BJO consists of one futures contract on the commodity of coffee and allows investors to gain exposure to coffee prices without worrying about direct exposure to futures.

The potential health benefits may also compel you to invest in some coffee related companies. Your options include Starbucks (SBUX), Coffee Holding (JVA), Farmer Bros. Co. (FARM), Spot Coffee (Canada) Ltd. (SPP), and Youngevity International Inc. (YGYI). All of these stocks are traded on NASDAQ except SPP, which is traded on the TSX Venture Exchange — previously known as the Canadian Venture Exchange.

Most people have heard of Starbucks, a global coffee powerhouse. The company has over 28,000 stores around the world that sell coffee, tea, blended drinks, sandwiches, pastries, and many other food and drink items. As the largest coffeehouse chain in the world, Starbucks boasts a large market cap of $79.3 billion and pays a dividend yield of 2.01%, which has been up each year since 2010. The company has also increased its revenue each fiscal year since 2009 and enjoys a 5-year revenue growth rate of 11.01%. With a price-to-sales ratio of 3.51, the company’s stock is somewhat overpriced. Starbucks’ stock has a PE ratio of 25.13, a forward PE ratio of 22.88, and a high price-to-book ratio of 16.76.

You may also want to consider investing in Coffee Holding, a wholesale coffee roaster and dealer that manufactures, roasts, packages, markets, and distributes roasted and blended coffee for private labeled accounts and its own brands. Its products can be divided into three product categories: wholesale green coffee, branded coffee, and private label coffee. With small market cap of $24.24 million, the company’s stock is very speculative. Coffee Holding’s revenue has decreased each fiscal year since 2015 as the company faces a negative 5-year revenue growth rate of -14.98%. The stock has an excellent price-to-sales ratio of 0.31 though it trades at 47.25 times trailing earnings.

A third option is Farmer Brothers Company, a coffee foodservice company that manufactures, wholesales, and distributes coffee, tea, and hundreds of other foodservice items to retailers and foodservice providers. Its customers include hotels, offices, restaurants, convenience stores, and other establishments. The company has a market cap of $501.9 million. Its stock trades at 23.29 times trailing earnings and at 37.59 times forward earnings. It has a price-to-book ratio of 2.41 and a favorable price-to-sales ratio of 0.83. Though the company has a 5-year growth rate of 1.66%, the company has seen slowly decreasing revenue values each fiscal year since 2015.

Two other coffee-related companies to consider are Spot Coffee (Canada) Ltd. and Youngevity International. The former has a market cap of just $18.89 million, and the latter has a low market cap of $75.59 million, making both these stocks very speculative. Spot Coffee (Canada) Ltd. is a Canada-based company that designs, builds, and operates coffee cafés throughout Canada and the United States. These cafés sell coffee, sandwiches, pastries, salads, and many other food and drink items. Most of the company’s revenue comes from sales at these cafés, licensing and franchise fees, and the wholesale of roasted coffee beans. The company has a 5-year revenue growth rate of 7.52% with its stock trading at 37.5 times trailing earnings.

Youngevity International is a company that develops and distributes nutritional products and commercial coffee. It operates in two segments, Direct Selling and Commercial Coffee, but generates most of its revenue from the Direct Selling segment. It offers a wide variety of products including gourmet coffee, skincare and cosmetic products, nutritional supplements, sports and energy drinks, fashion accessories, digital products, and organic food. The company enjoys a 5-year revenue growth rate of 17.18%, and its stock has a very favorable price-to-sales ratio of 0.43.

If you’re looking for more than just an energy boost and some health benefits from coffee, you may want to consider investing your money in a coffee ETN or in the stocks of some coffee-related companies.

Disclosure: Author didn’t own any of the above at the time the article was written.

Is a Bear Creeping Up on You? How to Make Money in a Falling Market

by Fred Fuld III

If you had invested in the stock market exactly ten years ago, you would have almost doubled your money. The SPDR® S&P 500 ETF has increased by 96% during that time period, and that includes a big drop that took place right at the beginning from June 2008 to March 2009.

Many investors and traders think the market is a bit toppy and are looking for ways to make money on the downside, in case we enter a bear market.

There are many ways to profit from a stock market drop without having to incur the unlimited risk or shorting stocks, and without having to buy puts with their own set of limitations.

One way to aggressively play the short side of the stock market is to buy the triple leveraged bearish exchange traded funds. These ETFs provide triple the inverse return of indices. They are available for general market indices, specific industries, and countries.

There are over two dozen triple leveraged bearish ETFs. They have significant volatility, and may have wide bid and asked spreads, and low volume. Plus, the losses can be quick and substantial. They ETFs are designed for short term trading, not long term holds.

Of course, the advantage of these trading vehicles is that they are a way of shorting various indexes without actually shorting an ETF, plus there is a limit on the downside.

One of the more actively traded triple bearish ETFs is the ProShares UltraPro Short Dow30 (SDOW). The average daily volume is 1.3 million shares.

In terms of industries, you have available the 3X bear ETFs. A couple of example are the Direxion Daily Semiconductor Bear 3X ETF (SOXS) and the Direxion Daily Energy Bear 3X ETF (ERY).

To access a free list of over two dozen of these investments, go to the triple leveraged bearish ETFs.

How Would You Like to Have Lunch with Warren Buffett? Here’s How!

If you have ever wanted to have lunch with arguably the greatest investor in the world, Warren Buffett, well now you have your chance. In addition to eating with Buffett, the head of Berkshire Hathaway (BRKA) (BRKB), you get to pick his brain about investing.

All you need to do is be the successful bidder for the eBay (EBAY) auction of the Power Lunch with Warren Buffett to Benefit GLIDE. The current bid at the time this article was written is $1,510,100.00. There have been 23 bids so far and the starting bid was $25,000.

Buffett will have a meal with the winning bidder and up to seven friends at Smith & Wollensky in New York City on a mutually agreed upon date.

All of proceeds from the winning bid will benefit GLIDE, one of the leading social service institutions working to alleviate human suffering and poverty in the San Francisco Bay Area.

You have less than four days to bid, as the auction closes on June 1, 2018 at 7:30 pm PDT. You must prequalify to bid.

How to Invest in Soccer

by Nkem Iregbulem

In America, football and soccer refer to two different sports. However, in the UK, American football doesn’t exist, so football and soccer are synonymous. While American football is the most popular sport in America, soccer, otherwise known as association football, remains the most popular sport in the world. With time, soccer has begun to win over the hearts of the American people. If you want to benefit from the increasing popularity of the sport around the world, consider investing in a soccer related stock.

You have five main choices: Manchester United PLC (MANU), Juventus Football Club S.p.A. (JVTSF), Goals Soccer Centres PLC (GOAL), Olympique Lyonnais Groupe (OQLGF), and Borussia Dortmund GmbH & Co KGaA (BORUF). The MANU and GOAL stocks can be found on the New York Stock Exchange and London Stock Exchange, respectively, but the OQLGF, BORUF, and JVTSF stocks are all traded over-the-counter.

Manchester United Football Club, a professional football club based in England, is widely considered one of the world’s best soccer teams. The team and its activities are managed by Manchester United. The company is responsible for the club’s news, sports features, media network, fan zone, and team merchandise. It generates most of its revenue from three principal sectors: Commercial, Broadcasting, and Matchday. The company has increased its revenue each fiscal year since 2015 and enjoys a 3-year revenue growth rate of 10.3%. The company’s stock has a very high PE ratio of 806.12 but a much lower forward PE ratio of 80.0. Manchester United has a market cap of $3.46 billion, and its stock pays a small dividend yield of 0.86%. With a price-sales ratio of 4.14, its stock is somewhat overpriced. This stock can be found on the New York Stock Exchange.

Juventus Football Club SpA is a company that operates as a professional soccer club based in Italy. The Juventus Football Club has one of the largest fan bases worldwide. It generates the majority of its revenue from advertising, sponsorships, ticket sales, and the licensing of television and media rights. The company has a market cap of $741.9 million. It has increased its revenue each fiscal year since 2011 and boasts a 3-year revenue growth rate of 21.24%. Its stock, which is traded over-the-counter, has a price to earnings ratio of 46.04, a price-sales ratio of 1.21, and a price-to-book ratio of 4.74.

Another soccer related stock to consider is that of Goals Soccer Centres PLC, a company based in the UK that operates more than 40 5-a-side soccer centers in the UK and one in Los Angeles. Of the five soccer related companies, Goals Soccer Centres boasts the largest market cap of $6.43 billion. The company’s stock has a current PE ratio of 14.26 and forward PE ratio of 12.39. Its stock has a price-sales ratio of 1.97 and a low price-to-book ratio of 0.65. The company faces a negative 3-year revenue growth rate of -1.56% as its revenue has been decreasing each fiscal year since 2014. You can find this stock on the London Stock Exchange.

You may also want to look at Olympique Lyonnais Groupe, a company headquartered in France. The company owns and manages the Olympique Lyonnais soccer team based in Lyon. This club is supported by a very loyal and active fanbase. The company generates a great deal of its revenue from ticket sales, player trading, sponsorships, advertising, and media licenses. Olympique Lyonnais Groupe’s revenue has been increasing each fiscal year since 2015 as the company boasts a 3-year revenue growth rate of 23.82%. Its stock is traded in the over-the-counter market, giving the company a market cap of $208.9 million. The company’s stock has a PE ratio of 20.22, an excellent price-sales ratio of 0.96, and a low price-to-book ratio of 0.65.

One last soccer related company to consider investing in is Borussia Dortmund GmbH & Co KGaA, which operates Borussia Dortmund, a German professional football club based in Dortmund, North Rhine-Westphalia. Most of the company’s revenue comes from sponsorships, catering, player transfers, TV marketing, and ticket sales. Its revenue has been increasing each fiscal year since 2014 as it enjoys a 3-year revenue growth rate of 15.88%. The company has a market cap of $689.86 million and pays a small dividend yield of 0.85%. Borussia Dortmund’s stock has a PE ratio of 18.30 and a lower forward PE ratio of 9.74. Traded over-the-counter, its stock has a price-to-book ratio of 1.70 and a price-sales ratio of 1.16.

As soccer’s popularity grows across the world, you may want to consider getting in on the game by investing your money in the stocks of some of these football clubs and companies.

Unusual Facts About Berkshire Hathaway’s Warren Buffett

Do you think you know a lot about Warren Buffett? Here is some interesting trivia about the famous and successful head of Berkshire Hathaway (BRKA) (BRKB). Maybe you will find some interesting facts that you weren’t aware of.

1. Warren Buffett’s father was a republican congressman.

2. Warren Buffett is of Huguenot ancestry.

3. His first stock purchase was three shares of Cities Service Preferred purchased when he was eleven years old.

4. When he was fourteen years old, he filed his first tax return, which listed his watch and bicycle as a tax deduction of $35 for his paper route.

5. He was a capitalist at a very young age, not only delivering newspapers, but selling magazine subscriptions door-to-door, selling golf balls, and selling Coca-Cola.

6. He owned a chain of pinball machines in various barber shops when he was fifteen years old.

7. In his high school yearbook, under his picture, it says ‘likes math; a future stock broker.’

8. He received his B.S. in Economics from the University of Nebraska–Lincoln when he was only 19 years old.

9. He paid $31,500 for the Omaha house he lives in today (although he bought it 52 years ago).

10. He used to own a house in Laguna Beach, California.

11. Buffett attended Columbia Business School because Benjamin Graham and David Dodd taught there.

12. In 1951, he received a M.S. in Economics from Columbia Business School.

13. He made almost $10,000 by the age of 20 in 1950.

14. Buffett’s father and Benjamin Graham told him not to work on Wall Street.

15. He taught a night class at the University of Nebraska-Omaha called Investment Principals.

16. He owned a Sinclair Texaco gas station in his early 20’s.

17. His starting salary at Benjamin Graham’s company was $12,000 a year.

18. When he was 26 years old, he had $174,000 in savings.

19. He became a millionaire in 1962.

20. Buffett first bought Berkshire Hathaway stock at $7.60 per share.

21. 99% of Warren Buffet’s wealth was earned after he turned 50.

22. Warren Buffett believes gold is a bad investment with no real value.

23. Warren Buffett has only sent one email in his life — an email to Jeff Raikes from Microsoft.

24. Behind only Bill Gates, Warren Buffett has donated the second-highest amount to charity ($30.7 billion) among all of the greatest philanthropists.

25. Warren Buffett still uses an old Nokia flip phone rather than a smartphone.

26. Warren Buffett spends 80% of his days reading newspapers and books.

27. As of 2018, Warren Buffet’s net worth is $84.1 billion, which is greater than the GDP of Uruguay.

28. In 2013, Warren Buffett made on average $37 million per day.

If you like interesting trivia like this, you should get the book, Stock Market Trivia.

How to Make Money with Short Squeeze Stocks

by Fred Fuld III

Back in 2015, Keurig Green Mountain, Inc., jumped about 75% in one day, due to a takeover. The hedge fund manager, David Einhorn had a short position in the stock, which generated an enormous loss. But even a rumor of a takeover can send a stock higher, or even just good news, causing short sellers to scramble to cover their positions, creating what is called a short squeeze.

A technique that stock traders often use is buying short squeeze stocks. Here is a more extensive explanation of what a short squeeze stock is and what a short squeeze is.

When you short a stock, it means that you expect to make money from a drop in the price of a stock. Technically what happens is that you borrow shares of a stock, sell those shares, then buy back those shares at a hopefully lower price so that those shares can be returned. Of course, this all happens electronically, you don’t actually see all the borrowing and returning of shares; it just shows up on your computer screen as a negative number of shares.

Short sellers can make a lot of money, but sometimes when the stock moves against them, and begins to rise, the short sellers jump in at once to buy shares to cover their position. This is called a short squeeze. When a short squeeze takes place, it can cause the stock to rise fast and hard. Any type of positive news can trigger the short squeeze.

So other traders take advantage of this situation by looking for stocks to buy that may have a potential short squeeze. Here is what they look for:

Short Percentage of Float ~ The float is the number of freely tradable shares and the short percentage is the number of shares held short divided by the float. Amounts over 10% to 20% are considered high, and potential short squeeze plays.

Short Ratio / Days to Cover / Short Interest Ratio -This is probably the most important metric when looking for short squeeze trades, no matter what you call it. This is the number of days it would take the short sellers to cover their position based on the average daily volume of shares traded. This is a significant ratio as it shows how “stuck” the short sellers are when they want to buy in their shares without driving up the price too much. Unfortunately for the shortsellers, the longer the number of days to cover, the bigger and longer the squeeze.

Short Percentage Increase ~ This is the percentage increase in in the number of short sellers from the previous month.

Let’s take an example. Cars.com Inc. is a stock that is heavily shorted. As a matter fo fact, 23.1% of the float is shorted. In addition, the number of shares shorted has increased by almost 2% over the last reported two week period. Finally, the short interest ratio is 25. That means it would take the short sellers 25 days to cover their positions, based on the number of shares that trade each day on average.

So what stocks are heavily shorted that may be worth a closer examination? Check out the following list, but be aware, that often some stocks are heavily shorted for a reason.

Company	Symbol	% change	% of Float	Days to cover
Invacare Corporation	IVC	2.5	28.9	41
Zoe’s Kitchen	ZOES	1.6	35.1	35
Seritage Growth Properties	SRG	2.7	34.1	33
Maxar Technologies Ltd.	MAXR	4.8	7.2	32
McEwen Mining	MUX	0.9	19.6	31
Lannett Company, Inc.	LCI	1.7	53	31
Lee Enterprises, Inc.	LEE	0.5	8	29
AU Optronics Corp	AUO	1.6	…	27
Acushnet Holdings Corp.	GOLF	2	15.9	26
Gildan Activewear Inc.	GIL	1.4	3.7	26
The Buckle, Inc.	BKE	0.1	33.8	25
Cars.com Inc.	CARS	1.9	23.1	25

Would You Pay $40,000 for a Kramer Action Figure on Amazon?

Amazon (AMZN) sells a lot of stuff, some things that you never knew existed. For example, do you remember the Kramer character from the Seinfeld TV show?

One toy company has made an action figure out of him. The Funko Vinyl Idolz Seinfeld Kramer Action Figure is currently available on Amazon, but at a price.

At the time this was written, you could buy this eight inch tall toy that comes in a window display box for only $40,475.26.

What a bargain!

Like Dividend Stocks? Check Out the Aristocrats

by Fred Fuld III

Many investors prefer dividends. Yet, just because a stock pays a dividend does not make it a good stock. But if a company has been raising dividends, and raising them on a consistent basis, it probably means that the company has been doing something right.

A Dividend Aristocrat takes this concept to the extreme. It is a stock that has increased its dividend every year for at least the last 25 years.

One of the Aristocrat leaders is Proctor & Gamble (PG) which has increased its dividend over 61 years.

At 3.76%, the yield is fairly high, compared to a bank savings account, a certificate of deposit, or a money market fund.

Other well-known companies that fall into this elite category are the following:
Coca-Cola (KO) 55 years
Johnson & Johnson (JNJ) 55 years
Lowe’s (LOW) 55 years
Colgate Palmolive (CL) 54 years
Target (TGT) 50 years
PepsiCo (PEP) 45 years

If you had bought any of these stocks ten or twenty or 30 years ago, and reinvested the dividends, your yield based on your original investment would be enormous.

Disclosure: Author didn’t own any of the above at the time the article was written.