High dividend yield

'Cows for their milk, hens for their eggs and stocks by god, for their dividends' goes a popular rhyme. High dividend paying stocks pay out a steady income allowing investors to move away from capital appreciation alone. They also allow...  investors ride out periods of little or no price appreciation, when markets fall. However buyer beware, the stream of dividends must be steady rather than sporadic and high dividends can cut sharply into future growth as the company is left with little money to invest. Such dividends cannot be sustained.   Read more