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Market Drops 237 Points – Panic or Buy?

As a Dividend Income Investor you should be taking any cash you have and loading up on bargain stocks.

www.dividendincomeinvestors.com Don't Run Away from a Down Stock Market

The Market dropped 237 Points yesterday . Should you panic?

Of course not. As a Dividend Income Investor you should be taking any cash you have and loading up on bargain stocks.

Two stocks to consider are

Vector Group ( VGR) – A discount tobacco company that is also diversified into real estate holdings. Vector Group is currently yielding 7.88% – Down 11% from its 52 week high this company is ripe for the picking.

Vector-Group-Fact-Sheet-March-2017

 

Southside Bancshares Inc. (SBSI) – Is a holding company for Southside Bank based in Tyler, Texas which operates 60 banking facilities in Texas. Southside Bancshares is currently yielding 3.07% and is off almost 16% from its 52 week high.

SBSI Investor Presentation (PDF)

 

Besides being off from their 52 weeks highs both these stocks pay stock holders something that only a select few companies do. Both companies pay shareholders an annual “Stock Dividend” in addition to its regular dividends. A Stock Dividend is a Dividend that is payed in stock. Southside Bancshares usually pays in April of each year while Vector group usually pays its Stock Dividend in September.

As always we love to hear thoughts and comments from our readers. Please comment below.

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