in my experience, playing high dividend yielding stocks is flawed. have a look at Telstra and NAB. sure they have high dividends now, but the dividends have not grown in many years, in fact they have recently fallen. and where has the capital growth been......... whereas stocks like RHC and CSL have grown their dividends almost every year, and for people who got in many years ago they have actually delivered more dividends than Telstra shareholders have received, even though current yields are low today to new buyers. so in my opinion the aim of the game is not buying stocks that yield high dividends today, but buy stocks that will grow their dividends ( as well as capital growth ) over years to come. but each to their own. I realise some people are only interested in high yield TODAY.
