Extending my learning into high-dividend stocks this week. Bought these:
1. Genco Shipping and Trading (GSTL)
2. Nordic American Tanker Shipping (NAT)
GSTL shows a dividend yield of 10.80%, while NAT shows a dividend yield of 11.80%. Sharebuilder analyst rating for NAT is 3.5 (sell), so I am probably going to loose money on that one. But since I am still playing with more of the free Sharebuilder bonus, I am going to take that chance. Plus, like most other PF bloggers, I am not going to sell this soon.
Any insight into this from the investing gurus?

{ 0 comments… add one now }
Leave a Comment