And the a holes will be back to buy the stuff again after they watch their money sit in t-bills or whatever making jack squat... and still being taxed at ord. income rates... might as well make 60% of a 10% divyld as opposed to 60 percent of 1.5% interest. Or you could invest in facebook, make no yield, and then worry about whether a greater fool will come along and buy the paper off you for more than you paid for it... I prefer cashflow (even at a little higher tax rate) to the casino of capital gains hopes.
fear is running wild. crammer said years ago that there is a bull market somewhere. i try to remember that. what this company produces is needed. need is what i think is a good place to put my money if it has a dividend. we are still going to eat, drink, smoke, use utes and some will go to movies. even if some lower the dividend i still think this is the way i go. i trade a lot. glta
I think you will find that many investors are more worried about RETURN of their capital instead of yield on their capital. Hence why people have a love affair with bonds that pay squat. But those bonds have generated a huge capital gain for many investors.