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Unregistered
I have about10.000 and would like to invest in dividend paying stocks.
WHERE can I find those WITHOUT a -broker-- since every time he reccomends a stock--IT ALWAYS drops way
down!!
VVA
Contrarian
The Dow is one good place to start. You're looking for large companies with enough cash flow to pay dividends. Dow or not, the best dividend payers tend to be companies that have been around for a long time and are usually in heavy industry. Banks and utilities are also traditional payers of dividends on the high side. Payouts were lowered as cash yields went out of fashion in the nineties, but seem to be making a comeback.
If a company is depressed but has a solid dividend, the yield will be proportionately higher. You might look at EK, or MO, for instance. DD still looks alright, too. If the company is depressed, however, you'll have to decide whether you think they can overcome the reasons that the market has them out of favor. Don't buy without doing research, so you know exactly what you're buying.
Here are a few more that might be worth a look:
GP, CUM, GR, S, GM, F
Utilities:
POM, BCE
Yep, all with risks, but that's the nature of the markets. If you're patient, many of these may ultimately turn themselves around and deliver healthy gains. In the meantime, you'll collect 4-6% while you wait.
Good Luck
Contrarian
Unregistered
Dividend Paying stocks without a broker . . . look for what they call 'Direct Stock Purchase Plans'. The web site www.netstockdirect.com is where I go to try to find such plans.
In a nutshell, the DSP plans work like this. Find a company with a plan that you like. Do the research on the company to see if it looks like a long term money maker. Check the plan to see if it looks aceptable. If you like the company and the plan, call the 800 number and ask for a prospectus and an application form. READ the Prospectus closely and, if you still like the plan and the company, fill out the application form, write a check, and mail both back. Wait a while for the paperwork to clear and a statement to arrive stating that you now own so many shares at such and such a price. Buy more as you feel like.
Some DSP plans are fee free. Others are laced with fees. Some companies are good, others suck. Three power companies that I own and like are 'Dominion Resources' (symbol 'D'). WPS Resources (WPS). And Peoples Energy (PGL). Some plans will send you the dividend checks . . others (most notably the REIT's) insist upon re-investing the dividend for me. Again, you gotta do the research on the company and the plan.
Good luck and good hunting.
MadPoet.
jbmorgan
For pure dividends it's hard to beat REITS. You will achieve a nice yearly cashflow (5-9%) from many of those. My personal likes are BXP, CLP, GBP, CEI. You should research those.
As far as stocks. Well, just look at the highest paying big boys, which are usually, MO, DD, MMM, GM, to name a few. I like MMM the best of these.
Hope this helps, and happy dividend chasing. Here's hoping Congress won't make you pay taxes on them!!
BTW- www.sharebuilder.com has online trades for $4. No broker needed!
poldo2
I have about10.000 and would like to invest in dividend paying stocks.
WHERE can I find those WITHOUT a -broker-- since every time he reccomends a stock--IT ALWAYS drops way
down!!
VVA
Use a stock screener to find the best ones, make sure the compnaies are in good financial health
I have 2 favorites PVX and ERF both very consitent with their payments
but there are many others..
MJane
I have just recently started loking at my 401k money and a friend has been trying to coach on how to invest my contributions and make some profit. I am very shy at allocating big amounts of money in the different choices available. That's because I have no idea which of these chioces are best for me. 9Want to make my money grow fast)
Dingobiscuit
Was there a question that got cut off in your post? :confused:
What funds are available in your 401(k)? What do you mean you are shy about allocating large amounts of money in the choices available? Where is the money now? :confused:
starfire328
Have you looked at energy trusts out of Canada? They are paying very good yields. Just a few you may want to look at....PWE...AAV...HTE...PBT...PGH..to name a few....there all paying at least 10% and the yield will very with the price of the stock....there is a tax that should go into effect in 2011 if it is not repealed....I know AAV and HTE pay per month and I am sure the others do to...it surly beats putting money in the saving account...plus you have the chance of the price of the stock going up...
DD_INVEST
Had he taken your advice back in 2003, he would have bought AAV at $14 per share. Today it's worth $11 a share. I know there have been some nice dividends, but there were several quarters they didn't even pay dividends (not to mention they've cut their dividend by 50%). Oh, the stock market is up about 20% since then...AAV is down about 25%.
HTE isn't much better.
exp
Anyone familiar with SBS?
Water and garbage utility of Sao Paolo Brazil?
Can't find current dividend from any of the quote sites for this ADR but there are articles referring to about 5% dividend.
stockwell
I just typed Dividend Stocks into a search engine and found some choices.
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