Originally Posted by tightasadrum
unclemick, I've seen you refer to the norwegian widow stocks several times now. Could you give me a sample of what you mean?:confused:
From the DRIP file cabinet that will never die - actually have some closed and transferred to my Vanguard brokerage account.
Widows and orphans lists usually run along the the lines of: electric utility, big oil, telephone, food and various forms of finance(usually banks), big pharma, old line mfg and sometimes REITs in recent times.
From Unclemick's very own legendary two file cabinets of DRIP Plans - some examples: Consolidated Edison, Excelon, Aqua America, National Fuel Gas, Exxon, chevron, Verizon, AT&T, Flowers, JP Morgan, Bank America, AETNA(divy got zapped), Glaxo, Eli Lilly, Borg Warner, VFC(blue jeans), Washington REIT and United Dominion Reality. I also hold Union Pacific even after they cut their dividend.
Most bought back in ancient times in the 4-6% dividend yield range (1992 and later).
Basically old time traditional dividend stocks with enough growth to give you a fighting chance against inflation.
Notice that rules change thru the decades and various groups rise and fall in favor - utes, old telephone, banks that loaned to South America in the early 90's, Drugs, etc, etc.
heh heh heh -
Eagle and Stone are from reading this forum(Brewer12345) and are high dividend but don't 'quite' fit my mental vision of the widow catagory - unless she feels frisky and wants to go for the gusto.