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Why I Just Bought This Reliable High-Yield Dividend Stock

Author Bio Reuben Gregg Brewer believes dividends are a window into a company s soul. He tries to invest in good souls. You will rarely, if ever, buy a stock at the very bottom (or sell one at the very top), so the best you can do is try to get in when share prices look reasonably attractive. That s where I think Kellogg (NYSE:K) stock is today. Granted, I expect the price to drop some more in 2021, but I ll just sit tight and let the dividends reinvest while I wait for a long-term business improvement to take shape. Here s why you might want to do the same.

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