Top 5 Dividend Plays
Stocks and funds which pay regular dividends are great dollar-cost-average material for investment accounts. Many of these stocks enjoy strong capital growth to further boost earnings potential; it often doesn't take long before these stocks are yielding 15-25% on your original purchase price by dividends alone. For example, I began dollar-cost-averaging into Southern Peru Copper ( PCU ) in August 2005 (a year after the stock had featured in one of my stock pick scans [$] ) but currently only re-invest dividends back into the stock. However, the dividend payment has risen from a then $0.52 and $0.85 per share for the last 2 Qs of 2005 to a current $1.50 and $1.70 for the first half of 2007. Meanwhile the stock has gone from a post-split mid-$20s up to its current $90s. This outperformance is unlikely to last forever and if it can maintain its dividend (a big 'if') then the next big correction - when it comes - will be an opportunity to add to the position using the dividen...