By Robert Sutherland Smith | Monday 18 March 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The Centrica (CNA) share price, after peaking at 365p early this month, has come down by 4% to 350p, last seen. At that price the shares yield a near 4.7% on 2012’s recently declared annual dividend payout of 16.4p. So at that price, are they ripe for buying as a dividend yield stock that is likely to see dividends maintained and hopefully increase?
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