GO
Loading...

Cramer: Buy These 2 Dividend Plays

Tuesday, 24 Nov 2009 | 3:06 PM ET

Investors who are looking for a cash payout should pass on Treasurys, Cramer said during Tuesday’s Stop Trading!, and buy a high-yielding dividend play.

Stop Trading!
Mad Money host Jim Cramer gives his take on the markets.

The demand for today’s five-year bond auction was “just beyond me,” Cramer said, “because you don’t get any interest to speak of.”

Instead, he recommended buying AT&T and Verizon Communications , which yield 6.3% and 6.2%, respectively. The stocks themselves haven’t returned much, but Cramer likes them purely for their dividends, adding that he expects them to be increased.

But are they exciting investments?

“I like dividends to not be exciting,” Cramer said.

Also, watch the video for Cramer's take on a potential financial-transaction tax.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

  Price   Change %Change
T
---
VZ
---

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.