Quote:
Originally Posted by CaptainYooh
Bought Labrador Iron Ore today (LIF.TO). P/E 6.7. 24% dividend. As long as they don't go down too much in the next 12 months, I should get my money back in a year.
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If a company is paying a dividend over 7-10 percent (even that is high) I would be very concerned. There will be a dividend cut coming and you will lose capital.