Published on 26 Sep 2019 on Simply Wall St. via Yahoo Finance
Is Crédit Agricole S.A. (EPA:ACA) A Good Fit For Your Dividend Portfolio?
Today we'll take a closer look at Crédit Agricole S.A. (EPA:ACA) from a dividend investor's perspective. Owning a strong business and reinvesting the dividends is widely seen as an attractive way of growing your wealth. Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments.
A high yield and a long history of paying dividends is an appealing combination for Crédit Agricole. It would not be a surprise to discover that many investors buy it for the dividends. Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. We'll run through some checks below to help with this.