September 18, 2010
At what percent would you classify a stock as having a 'high dividend yield'?
By Planet Wealth
For example, I am looking at asx: SEV and it has its dividend yield as 6.5%, is this high, and is it excellent to invest in stocks that produce high dividend yields?
Topics: stock market | 5 Comments »
5 Responses to “At what percent would you classify a stock as having a 'high dividend yield'?”
Comments
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September 18th, 2010 at 7:59 pm
in this market that is pretty excellent. yes high dividends are an simple way to make money.
September 18th, 2010 at 7:59 pm
no
September 18th, 2010 at 7:59 pm
What I would call a high dividend yield varies according to overall universe of dividend yields. Back in March, there were some dividend yields of close to 30%. You won’t find that now. At least, not in anything that I would buy.
6.5% isn’t terrible. Presently, I consider anything over 10% to be high.
Just be sure of the reason for a high yield. Some yields are high due to the design of the investment vehicle. Some yields are high because the investment’s price has been severely beaten down.
September 18th, 2010 at 7:59 pm
Yes, that is relatively high by U S standards. Some high dividends are suspect. You do have to be very careful. How is the company’s earning holding up? Look at that first.
September 18th, 2010 at 7:59 pm
If its above the yield on the 10-year bond, which is about 3.35 percent right now, I would say its getting risky.