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John Dobosz
Fireworks On Wall Street: July 13 - FDI Weekly Review
The 38 stocks in the Forbes Dividend Investor portfolio gained an average of 4.26% on the week. The prospect of lower interest rates was especially powerful medicine for real estate investment trusts and regional banks.
July 5 - FDI Weekly Review
Long-languishing Intel (INTC +3.4%) was our top performer, with mobile chip maker Qualcomm (QCOM +3.3%) not far behind. Blackstone Secured Lending Fund (BXSL +2.8%) and Pennant Park Investment (PNNT 2.5%) were also exceptionally strong.
June 29 - FDI Weekly Review
The FDI portfolio gained 0.66% on the week. Our top performers were three regional banks: Oregon’s Columbia Banking System (COLB +7.9%), New York’s TrustCo Bank Corp NY (TRST +7.9%) and Pennsylvania’s Northwest Bancshares (NWBI +6.1%).
Blackstone Secured Lending Fund Trades Ex-Dividend On Friday
Blackstone Secured Lending Fund (BXSL) remains in the FDI portfolio, and the fund trades ex-dividend tomorrow. If you own BXSL through today’s close, you will earn the $0.77 per share dividend.
June 22 - FDI Weekly Review
Leading our gains was furniture maker and retailer La-Z-Boy (LZB +12.4%) which jumped higher after reporting quarterly earnings that topped expectations. The company also affirmed its upbeat business forecast as it looks to produce more furniture and open more stores.
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