How can the income investor benefit from this trend?
Income investors need to take advantage of this trend by looking for a stock that pays a dividend and is a supplier of items that home builders and home buyers need. If our economy continues to limp along but is strong enough that folks buy new houses you, Mr./Ms income investor will benefit. More household mean more mattresses and stuff bought which leads to more earnings and future dividend increases. It is as simple as that.
I like a company like Leggett and Platt, symbol LEG. Their income has grown by 60% lately. Dividends have increased for 42 consecutive years at an almost 13% compound rate. This is my kind of company and I am adding it to my 2013 Dividend Machine Portfolio.The table below presents LEG's dividend machine fundamentals.
LEG was also cited by me as Dividend Machine in 2011 http://www.themoneymadam.com/2011/05/dividend-machine-leggett-platt-may-30.html
Consider this fine company your dividends and income portfolio.
The Money Madam
