Diary of a Dividend Diva: KMI, PAYX, NYB

With the markets rip-roaring higher this month, it is time to "make hay while the sun shines" in our dividend-capture strategy. While I try to remain disciplined in the sectors and in types of names I play, I do exercise some flexibility when market conditions are ripe.

At the moment, the utilities are offering some solid yields, and the bullish tailwind means they may not trade as "efficiently" as usual. (I describe as "efficient" the trading patterns of certain groups in which investors are interested in the dividend. For those groups, the stocks usually drop ex-dividend and then take some time to return to the pre-dividend price, thus wrecking your capital utilization.)...225 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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