 Quote:
Originally Posted by clifp
Sweet day to own good quality banks stocks.
WFC 27.23 +6.72
BAC 22.67 +4.15
BBT 24.50 +4.68
Wells raised its dividend by 10% and the chairman (and long-time CEO) bought a $1 million dollars worth recently. That makes three banks stocks that I own that have continued to raise dividends in the worse banking crisis in a generation.
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I probably own too much WFC (darn thing kept splitting and going up in the 80's and 90's) and I have hated selling it as I go along, but I have too much exposure. If I could find ten more companies just like Wells I wouldn't even look at the stock market except once a year.
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"If everything is under control, you are going too slow." - Mario Andretti
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