How do you “properly” utilize high yield stocks?


Enbridge has a ridiculous 7.14% yield right now, with a relatively (as if that means much at this point) stable price.

I know some stocks pay out earnings in dividends while maintaining a constant stock price, but how do you ensure you actually receive that 7.14% when the price of the stock fluctuates more than 7%?

Yield is payed out quarterly, so are you receiving 7.14% of your holdings value divided by 4 each quarter?


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