Replies to post #176 on Dogs of the Dow

[PoemStone]

A Dividend is a payment to shareholders. A dividend payment can be in the form of cash, stock, or property.
All dividends must be declared by the board of directors and are usually paid out on a quarterly basis. Or, as they may wish!
Mature, well established, blue chip companies tend to pay dividends as it gives investors an incentive to own their stock.
Small, rapidly growing companies tend not to pay dividends as any profits are reinvested within the company in hopes
of maintaining a rapid pace of growth. The top 5 yielders are referred to as the "Flying Five".