Feb 07 2009
Make Extra Money with Stock Dividends(Part 10)
This is part ten of a series on how to make extra money with stock dividends. I am currently reviewing the yields of stocks in my portfolio.
My current portfolio yields about 7-8%. This is a fairly high yield and does involve a little extra risk and perhaps surrenders a little opportunity for growth. I have stocks that yield from just over 3% to over 20%. Most of my stocks are around the 7-8% mark though. I try to keep a mix of industries and offset the riskier picks with more conservative picks. A stock must yield at least 3% before I will buy it. It is probably wiser to have most of your stock yield close to what you would like your overall yield to be but if you really think a stock is a good investment don’t pass it up just because of the yield. In the next post we will look at a measure for determining whether a stocks yield is sustainable.
