Bet On High Dividend Stocks…
Posted by Stock Online Trader on January 29, 2007 in High Dividend |
With the way the stock market is behaving, it is sometimes better to play with less volatile stocks. High dividend paying stocks fit the bill. For starters according to Investopedia,Dividend is the distribution of a portion of a company’s earnings, decided by the board of directors, to a class of its shareholders. The dividend is most often quoted in terms of the dollar amount each share receives. It can also be quoted in terms of a percent of the current market price, referred to as dividend yield.
High dividend stocks are safe bet among cautious investors. Even if the price of the stock goes down, the high dividend paid by the company will compensate for the loss. Most of the high dividend stocks do not fluctuate alot and infact few good stocks see a steady rise in the price.
High dividend stocks are safe bet among cautious investors. Even if the price of the stock goes down, the high dividend paid by the company will compensate for the loss. Most of the high dividend stocks do not fluctuate alot and infact few good stocks see a steady rise in the price.
High dividend stocks i recommend:
- Frontline Ltd. FRO with Dividend of $10.00/share and Yield of 30.70%
- Novastar Financial Inc. NFI with Dividend of $5.60/share and Yield of 25.90%
- New Century Financial Corp. NEW with Dividend of $7.60/share and Yield of 25.30%
- HomeBanc Corp. HMB with Dividend of $0.80/share and Yield of 25.20%
- Knightsbridge Tankers Ltd. VLCCF with Dividend of $4.00/share and Yield of 16.20%
- Nordic American Tanker Shipping Ltd. NAT with Dividend of $5.28/share and Yield of 15.20%
- TNR Technical Inc. TNRK.OB with Dividend of $4.75/share and Yield of 14.90%
The returns range from 30.70% to 14.90%. These returns are definitely lucrative compared to what the banks offer. I recommend my readers to do your own research about these stocks and invest accordingly.
The tankers can be very lucarative, but also very volatile. NEW is a steal at this price.
True, tankers also partially rely on oil prices…high yield stocks are good to diversify your portfolio