In 2018 my Dividend Portfolio showed a yield on 3.60%. That produced $6,483 in dividend income that year. The goal of this portfolio is to beat the yield on the 10-year Treasury. On January 1, 2018 the yield on the 10-year Treasury was 2.58%. In 2019 my Dividend Portfolio showed a yield of 4.90%
Last night, I made Duke Energy (DUK) my second pick in my Special Report: “Dividend Stocks that are beating the Risky Rockets.” Today November 19, I’m adding these shares to my Dividend Portfolio.
The U.S. economy added 638,000 jobs in October, a slight drop from September, when the economy added 672,000 jobs.
The job gains were enough to push the official unemployment rate down to 6.9% from 7.9% in September.
The U-6 unemployment rate, which unlike the official rate includes discouraged workers who have stopped looking for work and workers in part-time jobs who would like full-time work fell to 12.1% from September’s 12.8%.
And this month’s drop in the unemployment rate wasn’t driven by workers leaving the workforce.The labor participation rate rose 0.3 percentage points to 61.7%, still a low rate on historical standards.
So why didn’t the market move up and strongly on the news?