03-19-2014, 06:10 PM
I always liked the term 'cash cow' to describe these kinds of investments. For the retired person they juice the overall yield of the portfolio. For someone in the accumulation phase they give a reliable stream for accumulating even more shares of the DG types of stocks. IMO they help provide a nice balance between growth and current income, as long as yield is not chased too aggressively and as long as such positions are not given excessive weighting.
Alex