What does divy yield tell you,why would i want to buy at 3.5%
Nothing scientific.For me, 3.5% (paid once per year) is a decent yield. I would also sell $30 call options against my holdings....say July 08s.(or beyound to catch the div)That gives me around 6% +/- on my original investment plusthe potential to grab a 20% plus gain should the stock be taken...in 6 months. It works for me.GE is looking good too!