Friday, March 1, 2013


The last week of February was a good week for me, with 3 "paydays" in the form of dividends from CLM, RRD and NYCB.  The dividend yield on CLM is a whopping 17.88% currently and they pay monthly dividends!  RRD and NYCB have yields of 10% and 7.47% respectively and pay quarterly dividends.  While higher yields also mean higher risk, I'm not too concerned about my investments in these three stocks.  I originally bought in to these stocks to increase monthly cash flow which has worked out quite nicely.  While there is always hope of some capital gains over the long run, I'm looking forward to "paydays" from each of these stocks for years to come.

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