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Old 12-10-2008, 06:54 AM
Senior Member
Join Date: Aug 2005
Location: New England
Posts: 5,074
Default Why not settle for 20+% yield Dividends?

I know of some stocks out there that have some incredible dividend yields and one in particular that has a 24% yield/$2.40 a year per share. If the stock is really low, the company is good and not going anywhere for a while and the stock price is only going up from here on, might it not be a wise thing to just park some money in the stock and collect the easy 20-24%?
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