Stocks that offer dividends at good prices.

Ive been thinking. Not everyone purchases stocks so that they will go up, make money on the stock, then sell.

Some folks actually purchase a stock to make income through dividends.

If you look at a lot of the DOW stocks, they seem to make around 5% with their dividends.

With the price of the stocks going down, the dividend goes up. So, if you have a $30.00 stock chances are that the dividend is around $1.50 every year. Usually with these DOW stocks, the dividends stay constant no matter the fluctuation in the stock price.

So with the DOW going down, that $30.00 stock might now be a $20.00 stock. Suddenly you're getting a much better dividend at $1.50 a year. If that stock dips down to $15.00 a share, now you're getting a 10% return annually on your money.

That's pretty darn good.

Anyone see any bargains like this out there?

Obviously you have to be careful here. You don't want to pick a company like Beazer. They did so poorly that they ended up canceling their dividend.

phatboi31, what's the dividend for TUES?

GLS looks pretty good right now. It's trading at about a 40% discount (Perhaps a little more than that, just some quick and rough math on my part).

It's pretty hard to beat a 12% dividend.

BOEING (BA) offers a $1.40 dividend annually. Even with the current discounted stock rate, that's still not 5% of $78.00. Which really stinks because BOEING is a really good company. One of the reasons they are losing value right now is because they have too many orders and can't get the supply out by deadlines. That's a problem any company would love to have I think.

The information I have for GLS shows it only has had three dividend distributions so far, is that right? For a total of $1.27. The next one coming out in February should probably exceed $1.50 for 12 months, maybe even as high as a total of $1.70.

Currently trading at around $17.00 means that it's closer to a 10% return (Or less) than a 12.5% return.

PFE pays $1.16 annually and its steady. Right now it's trading at $22.50. So yeah, it looks like a good buy but might get better if it drops down into the high teens.

As for TUES, I only see one dividend payout this past year, in March, for .80 cents. Which of course would be a great dividend payout but it doesn't look like it pays a dividend, looks like a one time deal to me, nothing constant.

What's with this divident? They havn't had a payout since August. Yet they had two dividend payments in June for a total of $1.25.

Screwy dividend payments like that worry me. Might be normal for all I know but i'm really looking for consistency.

If you havn't guessed, i'm getting tired of playing the same old option market and am looking to start growing a retirement account. Going to play this account conservative vs my risky options account. The conservative account will only buy cheap dividend stocks and sometimes, when those stocks go really high, sell covered calls. If they go up and get called away, oh well, still made a big profit and can reinvest in other deals.

Will Penny,

Why would you sell ED at $50.00? If you're making dividend income off of them, why not write a covered call for every 100 shares you own?