Target Annual Yield: 4.25% at purchase
Designed for clients with a low tolerance for risk.
The Stable Value Dividend portfolio developed by Pier LLC consists of companies that historically have paid a growing dividend and have provided price stability. The three-year average annual dividend growth rate is 6.1%.
It is comprised of two groups of investments. The first group of stocks are high-yield stable companies with long-term profits and reasonable payout ratios. The second group of stocks is made up of companies that have at least a twenty-year record of increasing dividends.