A stock paying high dividends with a low beta and noncyclical business, that is an extremely safe investment.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A stock that pays high dividends because it has a strong financial position and is in a non-cyclical industry. Widow-and-orphan stocks are generally issued by well-established companies and are considered low-risk investments. See also: Blue chip.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A stock characterized by smaller than average price movements, a relatively high dividend, and little likelihood of dividend reduction or serious financial problems. A widow-and-orphan stock is a conservative investment with limited possibility for large gains or losses.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.