In Times Of Tough Economic Stress, We Can Always Turn To The WWE For Stability

As we were stocking up on as many cases of Ramen as we could for the upcoming MoneyPocalypse, we wondered where we could put the few cents we had left in our 401(K) where it wouldn’t turn into beads by next week. And looking at the harrowing numbers, two things stuck out–that one of the few stocks that actually didn’t get slaughtered during yesterday’s bloodbath were Campbell Goods (their Tomato Soup goes great with water!) and the WWE, who posted a small loss but remains one of the strongest stocks going. As one lawmaker yesterday noted, “Heaven help us.”

The 9.4 % dividend yield on WWE stock is 300% higher than the S&P average. Given its strong balance sheet and cash generative businesses, WWE feels confident it can fund the dividend for the long term. The WWE considers itself a safe harbor in the current volatile marketplace. The popularity of WWE brands continue to accelerate while consistently providing the best value in entertainment.

Well we don’t know how much longer that’s going to be true. Once half the populace is unemployed, we’re going to be see people training their dogs to do can-can lines in the street for a nickel. Until Stephanie McMahon does something with her boobs for a nickel, we don’t see how that can be beat.
WWE: 9.4% Yield [BusinessWire]
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