And that stock may never pay a cash dividend.
Enough, I would say, for him to live on the income, provided his stocks were paying dividends.
Neither stock pays a dividend, and there are risks associated with both.
On average, those stocks paid dividends equal to 5.8 percent of their purchase price.
The preferred stock, which was priced this afternoon, will pay an annual dividend of 7.75 percent.
To be sure, these stocks are paying the kind of high dividends that shareholders looking for income want.
And many stocks pay dividends as a premium to ownership.
The average Japanese stock pays less than 1 percent in annual dividends.
The stock, now at $18.75, pays an annual dividend of 2.7 percent.
The second die determines what whether the stock will move up, down, or pay a dividend.
