DividendCatcher I am looking at a nice, safe dividend stock preferably not at 52 week highs. I was thinking BP or MRO might be worth a look. Any suggestions
HackFab: Depends on what your definition of 'safe' means. If you can stomach the price flucs: NUE at this level is yielding +4%
6/12/12
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DividendCatcher: Thank you all for your help. Hack, something more along the lines of no dividend cut/looming bankruptcy overhanging the company.
6/13/12
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HackFab: NUE is a dividend Champion. Although the last increase was small, it was an increase.
6/13/12
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HackFab: BP is at a decent price here (I own it), they will gradually increase the dividend back to pre-spill levels. BP isn't going bankrupt.
6/13/12
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DividendCatcher: I have thought highly of BP. I am thinking that might be my next one. Oil will eventually go back up and BP will probably be a nice play.