Author: Marc Lichtenfeld, Wealthy Retirement

Today, I’m looking at the dividend safety of a company whose record goes back to a time when James Madison was finishing up his term as the fourth president of the United States.

The biotech sector can generate very large gains for investors who know how to play it properly. However, taking a smart approach will greatly enhance your chances of hitting some big winners.

Even though the payout ratio is a little too high, I suspect management will do everything in its power to avoid a dividend cut.

There are a lot of misconceptions about penny stocks. So once and for all, I’m going to let you in on what is true and false about them.