The way I look at is, if the Nintendo's price fall...buy more!! For a good company that is making a lot of money, worse comes worst you just keep taking on the big cash dividend. I did that with Mcdonald's, bought at 25 per share two years ago and they give me 1 dollar per share cash dividend(according to Yahoo Finance it is $1.5 per share this year)!! Mcdonald's share did went up to 50 this year but my point is that even if it did not went up, I enjoy it puts money into my checking account.
The funny thing is that I did not even know it give cash dividend becasue I was so focus on its share price's up and down(who cares about stock dividends?). Until one day I just find it very strange that I always have enough money to pay for my mortgage even though I did not put any money in it. So I did the investigation and found out that Mcdonald's has been contributing to my mortgage payments for a year!
For a company that is making a lot of money, if its share price is low, than its cash dividend will seem large compared with its share price. If its price goes up very high and makes its cash dividend look small...oh well....even better!
BTW, I am bothered however, that Nintendo did not have a Wii Sports II out soon. I am getting unbeatable in Wii tennis now. Maybe I should write something to Nintendo as a shareholder.
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