Would you buy a cheap stock that pays high dividend?
Found a cheap that pays high dividend, but it has no earnings. Is this safe?
http://moneycentral.msn.com/detail/stock_quote?Symbol=ysi
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about 1 year ago
most of the time such a stock is one that previously had good earnings and also dividends but now the earnings have dropped to almost nothing and the company has not lowered the dividend. expect the dividend to drop considerably or be eliminated altogether very soon. do not buy expecting the dividend.
about 1 year ago
People are losing their homes and will need a place to store there stuff. I myself would not buy this stock and see it going nowhere, You may even see the dividend reduced.