Quote:
Originally Posted by triflex
I'd love to know what companies are paying a high dividend that are not, in fact, just a poor business with little to offer but the dividend.
Banks pay almost nothing for your dollar deposit. Where is anyone supposed to get yield these days?
Maybe the dollar is close to worthless as it is because it pays nothing as a deposit. Seems to me just better off finding high quality equities. Berkshire Hathaway is the most stable amongst the high quality equities per Value Line.
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LEts take DEVON energy DVN the stock is up over 150 % over the last year up 27% YTD which is a huge gain for just 2 months and pays 7.3% dividend with an ex day of 3 /11. Its breakeven price for a barrel of oil is $30 and oil is close to 100 today..others are like VIPER EXXON etc...