A stock with a 4% dividend yield: I’m not saying it’s an automatic buy for income investors (nothing ever is), especially when it involves brick-and-mortar retail. As to Gap, Inc. (GPS):It’s a present holding of the portfolio generated by the Portfolio123 Equity Income Designer Model, which you can follow for free on Portfolio123 (which is important since that’s where you’ll find out if or when to sell). This is an equity-income strategy that relies on Mr. Market for guidance in the area of dividend security. so unlike many equity-income models, this one doesn’t just have a minimum allowable yield; it also has a maximum allowable yield. Yes, I know GPS it sells over the web, like everyone else.

Source: Forbes July 07, 2017 15:11 UTC