Tuesday, October 6, 2015
I just bought 1000 shares of Suburban Propane (SPH) and 2000 of Frontier Communications (FTR). The dividend yield on SPH is 10.23%. FTR is 8.61%. Hard to beat those returns, and both stocks are rising in value. Another way of looking at it is that the SPH dividends from my last purchase were already covering my annual Suburban Propane bill, and the FTR dividends were already paying my Frontier Telephone bill, and cellphone bill.