From the Wires
TheStreet launches Dividend Stock Advisor newsletter
New subscription service will select dividend stocks with high yields and high growth prospects expected to deliver double-digit annual returns
By: PR Newswire
Feb. 13, 2013 10:17 AM
NEW YORK, Feb. 13, 2013 /PRNewswire/ -- TheStreet, Inc. (Nasdaq:TST), a leading digital financial media company, today announced the launch of Dividend Stock Advisor (www.dividendstockadvisor.com), a bi-weekly dividend newsletter with an online model portfolio of dividend stocks aimed at generating steady and consistent total returns in the current low interest rate environment.
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 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 Advisorhas 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.
Mr. Peltier will be leading a twitter chat today at 4:30pm, Eastern time, to discuss Dividend Stock Advisor and the stocks in the portfolio. Join him @dividendsguru and use the hashtag #DSAchat.
About David Peltier
SOURCE TheStreet, Inc.
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