Dividend Stock pick for today, if you have never heard of the Chubb Corporation. You are not alone. Chubb is not a household name, they don't even make the headlines news that often, hardly ever if I remember correctly. So why are they on the watch list for today Dividend Stock. Well their dividend is $.50 per share and the yield of only 2%. So I ask again... Why do you think CB is on the list for todays' Dividend Stock? The answer is... Dividend Capturing. Dividend Capturing is an old strategy of buying a dividend stock just before the Ex-date, Re-selling for a small profit just after the date of record. This way you collect a small profit and you collect the dividend too. BUT.... yes we have frosting on this cake. CB has increased its dividend payment to its share holders for more than 25. If increased dividend checks every year are appealing, this one could be for you. If you are one of our members, then you know why this stocks always come up as a top pick for us.
Just out of high school I decided to be self employed, after running a successful manufacturing business I had a problem of making more money than I knew what to do with. I started investing, after 23 years of investing I now want to share my strategy with a select few that want an extra edge in their own investing.