Quote:
Originally Posted by Hog's Gone Fishin
If you bought 1 million dollar worth of (MAIN) it pays a monthly dividend of .205 per share at $41 /share it would give you a monthly income of $4885
a 2 million dollar stake would get you $9770
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Dividends are great until they aren’t.
AT&T about to cut theirs in half. Also, if you still lag a market index because they pay a dividend but the stock price rarely moves, you’re coming out behind. Dividends are paid off the share price, they aren’t something “extra.” A stock paying 5% dividend with a share price that never moves is worse than owing an index. Plenty of these are out there but people get so fixated on a dividend like it’s “free money.”