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re: Looking for some good Dividend stocks under 100

Posted on 4/18/20 at 9:29 am to
Posted by FLObserver
Jacksonville
Member since Nov 2005
14522 posts
Posted on 4/18/20 at 9:29 am to
quote:

What does the share price have to do with anything? Completely arbitrary.

Well lets see if its a good company that maybe down because of the virus i can get say double the amount of shares thus
getting more from the dividend per share. With the chance of making more money off the stock when it comes back up after this is over. i do believe that is my goal
This post was edited on 4/18/20 at 9:30 am
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 4/18/20 at 9:31 am to
quote:

Well lets see if its a good company that maybe down because of the virus i can get say double the amount of shares thus
getting more from the dividend per share. With the chance of making more money off the stock when it comes back up after this is over. i do believe that is my goal


All that matters is the yield...you’re highly confused and likely should not be investing in individual stocks.
Posted by rotrain
Member since Feb 2013
390 posts
Posted on 4/18/20 at 10:13 am to
quote:

i can get say double the amount of shares thus
getting more from the dividend per share.


No, you dont get more per share, you just get more shares. Also, the stock price doesnt matter. Google that sentence and you will find out why. All of this is basic arithmetic, and you got it wrong twice. Solid advice here: you are not ready to invest in individual stocks. Find a youtube channel and start with investing 101. Learn and practice with a simulated portfolio for about a year.
Posted by castorinho
13623 posts
Member since Nov 2010
82099 posts
Posted on 4/18/20 at 10:22 am to
quote:

Well lets see if its a good company that maybe down because of the virus i can get say double the amount of shares thus
getting more from the dividend per share. With the chance of making more money off the stock when it comes back up after this is over. i do believe that is my goal

think about it this way. You have 1000 to spend. If all else is equal. Would you rather company A: $200/share with an annualized $5 dividend or company B: $50/share with an annualized dividend of $1?
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73701 posts
Posted on 4/18/20 at 10:28 am to
quote:

i can get say double the amount of shares thus
getting more from the dividend per share.




see my post above. more shares does not increase the annual dividend per share rate. 1 share or 100k shares does not change the dividend per share rate. The fact you have more shares is what gets you more $$$$$

you want yield. annual dividend per share divided by stock price per share= annual dividend yield
This post was edited on 4/18/20 at 10:37 am
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