I always look forward to checking out the business section in The Star newspapers once a week to check on high dividend yielding stocks. Sometimes, that’s where I look to see which stocks are worth buying into. Unfortunately these stocks aren’t the cheapest of the lot and whilst you may get the high payout on dividend, you can’t be assured that it’s a safe stock.
But if you find a blue chip counter that’s affordable and paying out good dividends, do consider this option. There are some that I saw in today’s papers that are declaring very decent dividends. Some of those have already passed the cut-off date to invest in, leaving a handful that you can still buy in time. Out of this small pool, there are one or two that are quite stable stocks in my opinion. Price wise, they’re not highly expensive too.
I need to find out more about these few that I’m keeping in view. I don’t want to go into them blindly just for the sake of the dividend. I need to know that it’s stable enough that when I sell the shares, the least I will get back is my principle.
{ 2 comments… read them below or add one }
Stocks that closed to ex-dividends date are normally more pricey. Stocks prices will be adjusted after the ex-dividends date, and normally the downwards adjustments are greater than the dividends amount. Then again, not all stocks are the same. Being careful and patient in stocks carry some advantages.. From TOM – Talkonlymah. wahahahahaha.
Agreed we need to exercise caution at this point in time with any kind of investment. Nothing is going the sure-way now!