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re: What are some high dividend paying stocks everyone should have

Posted on 3/1/13 at 10:11 am to
Posted by LSURussian
Member since Feb 2005
127260 posts
Posted on 3/1/13 at 10:11 am to
quote:

they released their 2012 numbers and it seems they exceeded the expecatations.


By "exceeded expectations" do you mean they didn't lose as much as everyone thought they were going to lose?

They cut their dividend in half last summer and again in December.

They were downgraded to 'sell' in November by TheStreet Ratings.

The company's current cash flow is less than its currently projected dividend payout, even after the dividend cuts last year.

There's a reason they are a penny stock.....
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
765 posts
Posted on 3/1/13 at 2:40 pm to
I have been keeping my eye on AGNC another REIT company. They company is fairly young but has been able to maintain a high dividend so far, currently about 15%. Is there any way this is sustainable?
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