Dividends

[Vinny1]

Quote from vhehn:

here is a funny story about buying stocks for dividends. when all this dividend hype started cramer was one of the biggest hypsters about buying dividend stocks. he decided to start a newsletter on the streetcom called save safe plan. they put in stocks like jpm ek that were supposedly safe stocks with good dividends right at their short term highs. within days these stocks in the portfolio were down a years worth of dividends. when you make pennies and lose dollars it don't work so good.

At least the dividends help offset some of the losses,as opposed to a stock that pays no dividends at all.Also,writing covered calls would be another way to earn income,in addition to the dividend.

 

[Vinny1]

For anyone interested,i found the site on Yahoo that offers a list of dividend yields.I wonder what the story is on the first stock,BVRT,with a yield of 103.6%.
http://screen.yahoo.com/b?dvy=1/&b=1&z=dvy&db=stocks&vw=1

 

[Free Thinker]

Quote from Vinny1:

For anyone interested,i found the site on Yahoo that offers a list of dividend yields.I wonder what the story is on the first stock,BVRT,with a yield of 103.6%.
http://screen.yahoo.com/b?dvy=1/&b=1&z=dvy&db=stocks&vw=1

Is there an easy way to research these types of stocks. you know there has to be big risk if something pays 20%+ dividends.

 

[Vinny1]

Quote from vhehn:



Is there an easy way to research these types of stocks. you know there has to be big risk if something pays 20%+ dividends.

I just use this to look up company info....http://biz.yahoo.com/p/b/bvrt.html