Recently, on Larry King, you indicated that there are stocks that pay up to 8 1/2 %. I would like a list of those high dividend stocks. Thank you.

April 11, 2008

Posted by knor208

( 1 rating )

There are REITS that trade like stocks that pay high dividends. By law a Reit must pass 85% of its profits on to share holders. However keep in mind that dividends are coming from the profits of the Company. If the company is passing along a high percentage of its profits to shareholders then it could affect the long term growth of the company since a company should be using some of its profits to grow. That being said there are also some Canadian Energy companies that pay a high dividend and if purchased at the right price you can still get some growth from the stock. Just dont buy a stock becasue it pays a high dividend, get to know the company its markets, its growth prospects etc.

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