Next up is AbbVie (ABBV). We traded this in Week 15 last year and it did not perform well, losing 1.39%. But revenues are up and the dividend was recently increased. The current yield is 5.28%.
This Wednesday, January 15, was a tough one. There were no standard stocks that met our regular search criteria. I had to expand the search to include Closed-End Funds. Fortunately, a really nice fund showed up called Principal Real Estate Income Fund (PGZ). They have $155 million in assets and there was a thorough writeup about them yesterday on Seeking Alpha. The dividend is paid monthly and the yield is 6.2%.
We close out Week 3 of 2020 with Caterpillar (CAT). We traded this last year in Week 3 and made a 3.7% return in seven days. They’re still the largest construction equipment manufacturer in the world and are a component of the Dow Jones Industrial Average, the S&P 100 and the S&P 500. The current yield is 2.8%.