My grandmother is looking for better income than the 1% she is getting in the bank. She is looking to invest $200,000 or about 20,000 shares. Is the dividend safe? I invest in in more High beta stocks like NFLX,CRM
It's safe as long as you are short.
Diversify Don't buy only one stock. Buy a few high paying dividend stocks. Maybe JNJ, AEP, BPT, and some PWE. There's McDonalds and Coke too. Buy lots of different things so your money is safer.
The stock might be safe but I'm not so sure about the dividend. They haven't earned enough to cover it in a long time. Put Granny in BP or a utility.
For a guy that claims to run six trading desks and who constantly reminds the entire yahoo message board community about the millions you make kinda odd that you don't give the old gal a mill or two.
more than safe i got over 2 million in it
Sentiment: Strong Buy
Nice return on your money.
so, was that $4 million originally?