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If youre buying for the very long term, it cant be a bad time to pick up some really nice dividend stocks because youre being paid to wait for prices to recover, so its a good place to park some cash.
FTR (Frontier Communications) is on almost 11% dividend.
TOT (Total SA) is on around 7% dividend.
I particularly like Total right now as its in the worlds largest 30 oil & gas companies and its pretty much diversified across energy as well as being very geographically diversified. They should find it quite easy to increase the dividend in future too...
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