How to Spot a Safe Dividend Stock — and Why GM Isn’t One

General Motors needs to do more than just reinstate its dividend. [Turn Your Images On] Dividend of the Week [How to Spot a Safe Dividend Stock — and Why GM Isn’t One]( [Turn Your Images On] [Charles Sizemore, Co-Editor, Green Zone Fortunes]( There’s an old investing maxim: The safest dividend is the one that’s just been raised. And I would agree! When a company pays a dividend, it is parting with its hard-earned cash. A dollar that goes out the door as a dividend is one less in the emergency fund. Before the company declares a dividend, its board must be confident that more profits are coming to replace that payout! General Motors Company (NYSE: GM) just announced it would reinstate its quarterly payout at the end of this month after COVID forced it to press pause in 2020. As the Money & Markets dividend guy, that got my attention. But a little digging showed me this stock isn’t worth a spot in your income portfolio yet. [Click here to see why.]( [Turn Your Images On]( P.S. I use my colleague Adam O’Dell’s proprietary Stock Power Ratings system to analyze dividend stocks and a boatload of other companies every week. It helps me find stocks that could crush the market — no matter which way it decides to go next. I mention that because Adam is about to unveil his Max Profit Alert system next Tuesday. Systems are Adam’s wheelhouse, and Max Profit Alert helped him find [plenty of winning trades]( during the brutal first half of the year. If you want to know how you can use it to turn the market’s maximum pessimism into maximum profits, [click here to put your name on the guest list]( for his presentation on August 30. Suggested Stories: [Templeton and Buffett Traded Pessimism for Profits — You Can Too!]( [Meme Stocks Are Still Kicking — 2 Lessons After BBBY’s 60% Crash]( --------------------------------------------------------------- FROM OUR PARTNERS [Stock Under $2: Last Value Play on Earth?]( Last year it was more profitable than Disney, Square or even Tesla... But it's just under $2 per share. It could be $20 a share and STILL be a bargain. [Get the Details Here]( --------------------------------------------------------------- Chart of the Day [The Only Chart You Need: Moving Average Indicates Trend to Follow]( [Turn Your Images On] [Michael Carr, Editor, True Options Masters]( For the stock market, only one indicator on one chart is important this week. The S&P 500 is challenging its 200-day moving average (MA). A breakout should lead to a sharp rally. A failure should lead to another leg down in the bear market. The MA is the blue line in the chart below. [See why this line is a sign of overall market sentiment for traders.]( [Turn Your Images On]( Suggested Stories: [As China’s Economy Slumps, U.S. Stocks May Benefit]( [Massive Texas Migration a Boon for High-Value Rental REIT]( --------------------------------------------------------------- FROM OUR PARTNERS [America’s No. 1 Favorite Investment (Is Robbing You Blind)]( “$20 trillion in U.S. household wealth is invested in a total scam.” Those are the words of retired Lt. Col. Michael J. Carr, U.S. Air Force, CMT, CFTe. I didn’t want to believe it at first … but once he showed me the evidence, I couldn’t dispute it. [Every American with retirement savings should watch this video.]( --------------------------------------------------------------- [Turn Your Images On] 1932: Amelia Earhart took to the skies and became the first woman to pilot a nonstop flight across the U.S. Earhart took off from Los Angeles and flew 19 hours and 5 minutes straight to her destination of Newark, New Jersey. Less than a year later, Earhart broke her speed record and flew the same route in only 17 hours and 7 minutes. Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. 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