Best Dividend Stock Picks?
- Thread starter Probyn
- Start date
How much do you plan to invest? If only $2000-$4000, I would suggest that InTheBum is giving good advice. If a significant amount, then you will need an online broker - and they are not all created equal. Most of them have recommendations for dividend stocks - but you still have to pick and choose. There is no one size fits all.
sensualsixty
sensualsixty
Don't forget, those experts tend to charge a commission (upwards of $120 per trade) for their recommendations...I'm not sure that they'd want you to then go to E-trade and place your order for $9...
the yield on nfi is 7.5 i just checked.
cos canadian oil sands 6.5 yield
rumor is the stock is going to go up just a rumor on a buy out or merger. to about 28 now its 21.30
cos canadian oil sands 6.5 yield
rumor is the stock is going to go up just a rumor on a buy out or merger. to about 28 now its 21.30
Rookie question: Is there a simple mathematical equation to figure out yield? Or is that a number that's stated in the company's info?
Example: If the stock is currently selling around 14.00, and the dividend is .12 monthly, what is the yield?
Thanks!
Example: If the stock is currently selling around 14.00, and the dividend is .12 monthly, what is the yield?
Thanks!
Dividend Yield = annual dividend per share / stock's price per share
For example, if a company’s annual dividend is $1.50 and the stock trades at $25, the Dividend Yield is 6%. ($1.50 / $25 = 0.06)
Thanks, ItB, so in my example above, .12 X 12 = $1.44 / 14.00 = .10285
That's over 10% - that's pretty good in today's market, wouldn't you say?
A lot of the time when a div is high, it can mean the company is having problems. Where it might be iffy they can continue to pay it
Fair enough, and if they've been paying the monthly dividend like clockwork for the last few years, that's a good sign then?
It also depends how risk averse, or how bullish or bearish you are on a particular industry or overall economy. It's all about your comfort level as an investor. ETFs may be a good alternative because they provide the advantage of diversification. Stocks may offer higher returns, but they may come with higher risk. Theoretically, the higher the risk, the higher the return.
I personally wouldn't invest hard dollars in stocks until I have become familiar with its past performance, the company's financials and the industry, to assess how sustainable the yield and stock price appreciation are in the long term.
I personally wouldn't invest hard dollars in stocks until I have become familiar with its past performance, the company's financials and the industry, to assess how sustainable the yield and stock price appreciation are in the long term.
it could be. has this stock always paid around 10%? or has the share price dropped, hence inflating yield?
sometimes stocks that pay high divs also have no real way to grow.
ie a bank stock paying 4% but growing each year might be better.
the last thing you want is a stock that cuts its div, share price can take a massive hit
Yeah, that makes sense, but that's not been the case here...the share price has seen a pretty steady climb all year...
http://www.marketwatch.com/investing/stock/phk
http://www.marketwatch.com/investing/stock/phk
in all honesty trust no one.
seriously a finicial adviser will not necessary tell you what is best for you, he will tell you what is best for the company that he works for.
look at all your options talk to several different people with different perspectives
me i go for low risk, im in calgary so i follow oil energy pipe lines.
and i look long term and well i don't see us parking our cars anytime soon.
blue chip companies oil not gas, gas is priced to low.
and i want some finicial stocks next banks canadian banks.
you have to diversify your portfolio stocks are only part.
cash property etc,
seriously a finicial adviser will not necessary tell you what is best for you, he will tell you what is best for the company that he works for.
look at all your options talk to several different people with different perspectives
me i go for low risk, im in calgary so i follow oil energy pipe lines.
and i look long term and well i don't see us parking our cars anytime soon.
blue chip companies oil not gas, gas is priced to low.
and i want some finicial stocks next banks canadian banks.
you have to diversify your portfolio stocks are only part.
cash property etc,
