Stock paying dividend help?
Im new to buying stocks and I want to know how much these guys pay as a dividend. They have really small numbers are those cents or what?
- gosh137Lv 68 years agoFavorite Answer
As Jeff said, 46 cents per share per quarter. Times 4 quarters per year that is $1.84 per year. At a closing price of $37.04, that comes out to a annual yield of about 4.97%. Sure beats treasury bonds or any bank savings account. But don't invest on yield alone.
That said, in my opinion, there are stronger (better) utility investments out there, check Dominion Resources (D) or Southern Company (SO).
- jeff410Lv 78 years ago
They are in cents. They paid 46 cents per share in each of the first 3 quarters of 2011.