The Dividend Rich Investor (1997) by Joseph Tigue and Joseph Lisanti
This book provides a very basic introduction to dividend investing, highlighting the benefits of dividend reinvestment and compounding, and giving a few tips for what to look for in a good dividend stock. However, it has little in the way of in-depth analysis and says nothing about valuation. Moreover, it is woefully outdated, making it practically useless for constructing a dividend stock portfolio nowadays. For example, many of the stock picks at the end of the book are companies that have since merged, been acquired, split-up, or had major screw-ups (e.g., banks and other financials). There is also too much emphasis given to utilities. If you're a retiree who wants a very low-risk, stable income stream for the next few years, then utilities are fine, but for everyone else there are better choices, especially for dividend growth. There was nothing particularly informative in this book that I hadn't already read elsewhere.
Note: I read this book in October 2011.
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