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Craving Cash Flow: (LBSAX)

FYI: Back in March 2008, Dick Dahlberg, who managed the Columbia Dividend Income Fund at the time, told this magazine that the bank stocks investors craved for their high-dividend yields were going to have a hard time maintaining or increasing their dividends as their financial positions weakened. Instead, he favored stocks in health care, consumer staples and other sectors he felt had more reliable free cash flow to keep dividends afloat and to weather a market storm.
Regards,
Ted
http://www.fa-mag.com/news/craving-cash-flow-33869.html?print

M* Snapshot LBSAX:
http://www.morningstar.com/funds/XNAS/LBSAX/quote.html

Lipper Snapshot LBSAX:
http://www.marketwatch.com/investing/fund/lbsax

LBSAX Is Ranked #62 In The (LCV) Fund Category By U.S. News & World Report:
https://money.usnews.com/funds/mutual-funds/large-value/columbia-dividend-income-fund/lbsax/performance
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