I've owned Walgreen's (was WAG, now WBA) for years. However it's actually been my portfolio's worst performer in the past few years. It does have an excellent history of raising payouts.
The key test for ultra high div stocks is how well they did in recessions such as 2000 or 2009. Huge numbers of mREITs, BDCs, MLPs etc fail during tough times and are soon forgotten (except by those who lost money in them). That's called survivorship bias.
With mREITs especially, the longterm track record is grim.
gotta run now....
Recent DMO News
- Form N-CEN - Annual Report for Registered Investment Companies • Edgar (US Regulatory) • 03/11/2024 12:37:30 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 03/08/2024 10:03:15 PM
- Form N-CSR - Certified Shareholder Report • Edgar (US Regulatory) • 03/04/2024 05:18:21 PM
- Western Asset Mortgage Opportunity Fund Inc. (NYSE: DMO) Announces Portfolio Management Team Update • Business Wire • 03/04/2024 01:00:00 PM
- Franklin Templeton Fund Adviser, LLC Announces Distributions for the Months of March, April and May 2024 • Business Wire • 02/20/2024 01:00:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 04:42:06 PM
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 11/28/2023 06:10:56 PM
- Western Asset Mortgage Opportunity Fund Inc. Announces Financial Position as of September 30, 2023 • Business Wire • 11/28/2023 01:00:00 PM
- Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of December 2023, January and February 2024 • Business Wire • 11/14/2023 01:00:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2023 08:42:35 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 09/13/2023 08:33:50 PM
- Form N-CSRS - Certified Shareholder Report, Semi-Annual • Edgar (US Regulatory) • 08/25/2023 04:15:53 PM
- Form N-PX - Annual Report of proxy voting record of management investment companies • Edgar (US Regulatory) • 08/18/2023 02:19:49 PM
- Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of September, October and November 2023 • Business Wire • 08/02/2023 12:00:00 PM
- Franklin Templeton Closed-End Funds Announce Share Repurchases for the Second Quarter of 2023 • Business Wire • 07/13/2023 12:00:00 PM
- Western Asset Mortgage Opportunity Fund Inc. Announces Financial Position as of March 31, 2023 • Business Wire • 05/18/2023 12:00:00 PM
- Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July and August 2023 • Business Wire • 05/15/2023 12:00:00 PM
FEATURED Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • May 8, 2024 9:05 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • BLOZF • May 7, 2024 8:51 AM