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Dividends the Mkts...
Many stocks that once paid a 10 to 17% dividend now are paying 20 to 35%
because of the crash.
Some people say right away that tells them that the dividend will be
lowered or suspended......
I just cant believe for a second that after all the money these big
boys have taken from us already, that they would f*ck people over that
way as well, or even be allowed to. People who paid full price for
those stocks are depending on the dividend to live off of. If they cut
those dividends, and the people have to sell the stock at a much lower
price, then they are essentially ripped off.
Any other comments?
I'm tempted to buy some, but not if they are going to cut the dividend.
Do you think it will really happen? I had one happen on AFN, but that
dividend is 100% or so now.
RV
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