What is Your Favorite Dividend Paying Stock?
The stock market has been bouncier lately than a Mexican jumping bean on hot pavement. Those Fools who are willing to consider a buy-and-hold strategy still almost always couple it with a specific type of stock; a well-managed, high-dividend, low-risk blue chip that may take a hit on share price but will still crank out those dividends. The idea is that if you can afford to hold onto the stock until the share price rebounds, the dividends will provide you with some gain while you wait. Do you know of a company (or two or three) that fit this profile? Even if that company sometimes cuts dividends, well - that would be a nifty (nifty?) piece of information to go along with the company name.
We have experts in a number of different areas in CAPS. We should be able to come up with a reasonable list. 2008 IRA's can be funded as late as April 15, 2009 and there are some who just like the idea of owning shares of stock. A couple of months ago, there were articles in TMF naming a number of companies that were at "bargain basement" prices. Do you think that they still are, if in fact they ever were? Step up to the keyboard and make your opinions known.