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How to Turn JPMorgan’s 2% Dividend Into 7.4%

17.1%. If you only pay attention to only one number this earnings season, this should be it. It’s the first-quarter profit gain the suits at FactSet have S&P 500 companies pegged for. And if that’s where the final number lands, it’ll be the biggest profit bonanza in 7 years! Better yet, the S&P 500 trades at around 16.5 times its next 12 months of forecast earnings. That’s way down from 18.5 in January. The upshot? Ignore the terrifying headlines battling for your attention day in and day out. This market is ripe for buying . And dividend-growth stocks should top your list—as should the 7.4%-paying fund I’ll show you shortly.… Read more
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