Tuesday, April 12, 2011

WWE more than just body slams, but offers 11% dividends.

A great way of getting into stocks is to pick a pastime you love and that is appreciated by many. Yes, it is one of my guilty pleasures to see all of the various wrestlers throughout the years. Vince McMahon and his family definitely understand what raw entertainment really means and also has developed a consistent business model of success. Hulk Hogan, The Rock, Triple H are all superstars and very consistent in recruiting adoring fans. Equally consistent is the 10%+ dividends which is much higher than your average <1-2% savings account. Currently the stock is within its 52 week lows and the company still has cash reserves to recover from the downturn economy. Once the economy returns to business as usual, WWE will be an unstoppable force to be reckoned with as they have grown their empire and fan base worldwide.