Disclaimer

Equity Research Service, publisher of Dividend Informer, is not a financial advisor, and does not provide financial advice. You agree that you are responsible for your own decisions about financial matters and that you will not hold Equity Research Service (or ICLUBcentral or NAIC) liable for any damages or other losses relating to your finances, whether relating to data, analyses, opinions, or other information provided.

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The newsletter contains information concerning many companies that issue and sell securities. Equity Research Service has not endorsed, recommended, or sponsored any of these companies or information concerning such companies, or any security, financial product or instrument. You understand and agree that Equity Research Service does not offer or provide tax, legal or investment advice to individuals. You understand and agree that any investment decisions you make will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, financial condition and liquidity needs.

This commentary is for informational purposes only and has not been tailored to suit any individual. The opinions and analyses included herein are based on sources believed to be reliable and written in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness, timeliness, or correctness. We shall not be liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness of, or any delay or interruptions in, the transmission thereof to the users. All information contained in this report should be independently verified with the companies mentioned.

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We accept no compensation from the securities we recommend and do not engage in nor solicit any banking business from corporations. This policy allows us to remain unbiased in our research and analysis. Our buy-side research is produced independently and aims to provide subscribers with the best possible ideas to help them make better investing decisions for their portfolios.

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