2007-10-05 11:02:43 · 8 answers · asked by Paul E 1 in Business & Finance ➔ Investing
It depends on what you want. Since you want a high dividend I'm going to treat your answer as you care more about the dividends than the stock price, I would go with banks, utilities and right now sub prime mortgages (NFI has always had good dividends and they are so beaten down right now it's dividend is 250% right now). Basically most things in the SP 500 are fairly safe and have good dividends.
2007-10-05 11:44:04 · answer #1 · answered by gregory_dittman 7 · 0⤊ 2⤋
Southern Company has a great dividend. Go to mellon one investor
Bank of America is strong but they worry me because they have such crappy customer service.
I think the single most important thing to consider with dividends is to look at the dividend reinvestment plans. If they are free, like Southern Co. You can really watch your investment grow. The stock price has remained kind of stagnant though.
2007-10-05 12:11:03 · answer #2 · answered by tpwine69 2 · 0⤊ 0⤋
Traditionally its the utilities for dividends. Personally I invest primarily in funds rather than individual stock. I have the "Eaton Vance Dividend Builder" fund, which was the Eaton Vance Utilities when I bought it. It was and is the best performing Utilities fund over the last 10 years. It seeks both growth and income, so you probably could do better if you only wanted the income. The fund has been paying about 1.25% per year in dividends plus has grown about 18% in each of the last two years (although its been paying almost 2% over the past three months so maybe they've shifted their holdings). It is about 40% in foreign stock, so it can be affected by the value of the dollar.
2007-10-05 11:27:17 · answer #3 · answered by Baccheus 7 · 0⤊ 2⤋
you need to be careful about high dividends first the commiecrats wants to tax the bejesus of it (especially if their Queen gets the white house). Second if the dividends are too high that means the company is not growing., Third there there are scams out there with the HYIP stay away from them. Fourth no such thing as a safe sector.
However I would look at financials and utilties for decent dividend programs with utilties over financials right now.
be very careful with loaded funds like the ones listed below. ETF's are far cheaper and are better if you can tolerate wild price swings.
2007-10-05 11:08:26 · answer #4 · answered by Anonymous · 0⤊ 2⤋
"Safe" is the tricky word there.... but, I would say " fairly" safe are the Canadian Royal Trusts ( someone already mentioned) and also the " shipping" industry...a lot of dividend payers there...the dry, bulk shippers are ahead of the tankers right now ...but they have a tendency to rise together. Why safe? The world is trading like crazy...grain, oil, ore, steel, equipment one way...toys, furniture, clothes, electronics the other ...and right now ( next two/three years) there is definitely a shortage of ships...so they charge whatever they please.Supply, demand, profit...the name of the game.
Old single hulled tankers are being converted into dry carriers to try to make-up for the shortage of new ships...but even that is not progressing as fast as needed.
Watch the quotes for the likes of: DRYS, EGLE, ONAV, NM, DSX, FRO, NAT GMR...TBSI
2007-10-05 18:53:40 · answer #5 · answered by jebediabartlett 6 · 0⤊ 0⤋
Look at Canadian Energy Trusts, atleast till 2011, after that the tax structure changes and not sure what tehy will be but for now they have great yeild and they are related to oil. So if you think oil is going higher, as i do 100 a barrel in 08', then look into them.
2007-10-05 11:53:36 · answer #6 · answered by broker90212 2 · 0⤊ 2⤋
The "Dogs of the Dow" yield a ROLLING average return of about 17%, if that's good enough for you!
http://www.dogsofthedow.com
2007-10-05 12:27:02 · answer #7 · answered by Anonymous · 0⤊ 0⤋
There is no such thing.
2007-10-05 12:03:39 · answer #8 · answered by Anonymous · 2⤊ 3⤋