Syntel (SYNT), a stock of which I own 180 shares is giving out a $1.50 per share dividend at the end of March. This equates to a nice $270 “gift” for me :-)
The dividend announcement and declaration of a strong financial future has sent the Syntel stock upwards the last few days, putting me back in the black on this holding.
I’ve been focusing lately on stashing away some stocks for the long long long term, 30 or 40+ years. I have a few stocks in mind, but one area I want to further explore is batteries. Regardless of its function, pretty much every mobile device is getting more advanced, and using more energy.
I would like to invest in several firms or a fund specializing in long-lasting energy supplies for mobile devices. Battery technology has perpetually lagged behind the devices that they supply, and within my lifetime I expect that to change. I love my tablet PC and the portability it offers, but I hate having to plug in every 4 and a half hours. The convenience of a device which does not have to be charged every day would be worth paying for.
A company with a patented battery that could power different devices (phones, laptops, radios, golf carts etc.) for long periods would be a sure money maker, and a great stock to own!