Are You An Income Investor? Don't Miss Out On Jamna Auto Industries Limited (NSE:JAMNAAUTO)
Could Jamna Auto Industries Limited (NSE:JAMNAAUTO) be an attractive dividend share to own for the long haul? Investors are often drawn to strong companies with the idea of reinvesting the dividends. Unfortunately, it's common for investors to be enticed in by the seemingly attractive yield, and lose money when the company has to cut its dividend payments.
Investors might not know much about Jamna Auto Industries's dividend prospects, even though it has been paying dividends for the last nine years and offers a 2.2% yield. While the yield may not look too great, the relatively long payment history is interesting. Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. We'll run through some che ...