Looking at other stocks this is a very good dividend stock. Yes it stayed the same over 10 years but it is given out quarterly. Very consistent through the ups and downs.
Right now the yield is at 7.90%, you will be hard press in this economy to find anything that high. Especially if you are not going to be investing much money.
This is a very good stock to have in your portfolio. While most stocks are going down and stop paying dividends, this becomes a good hedge.
The stock price will eventually get back into the 40s'-50's, and over the long term this will become a very good investment if you reinvest your dividends. If you get into Amerens Dividend Reinvestment and Stock Purchase Plan, you know what you are getting in the future.
If you're looking for stocks that raise their dividends.. A few I feel are safe investments .However, that doesn't make them safe . So do your own homework as well. I hope you know how important it is to diversify your stock holdings – don't put all your eggs in one basket. ...
I like ,MMP ,PGN, BMY,NRGY,T,MO and also NAT which pays a good dividend. But NAT does not raise their dividend every year or 1/4 as the others.
NRGY has a high P/E but has been good to me from 2004 to now.