BBBY is the best dividend play right now
The strength of Bed Bath & Beyond Inc (BBBY) over this recent period has been good compared to the overall market and industry peers. Coupled with positive dividend growth over the last 12 months of 10.9%. This makes BBBY a great dividend play with an expected current dividend yield of 3.9%, payable if you purchase the shares prior to 06/13/2019.
Bed Bath & Beyond Inc. is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market).
There is no ex dividend pick for today
At times we dont want to play our hand when we dont have one. Think poker here. Right now market should see a bounce but if it doesnt we could be in for a small pullback that could overpower the lower yields at the moment. Stay frosty this week.
Paul "Bulldog" Hudson, Chief Investment Officer
Darwin Investing Network