@furse jogi I totally agree with what you said "if you don't know things just don't run your mouth"!!

Oh I'm not a Trader, just an Investor!!

Those Three Points which i listed on choosing a good stock(1. Regular Dividend paying, 2. Capital Gain and 3. buying Under valued stock) is something i learned from Benjamin Graham, I agree some disagree with him and criticize him too!! But there are MANY people who took his Advice like a MANTRA and created a fortune out of it, Warren Buffett is one of his disciple!!

I totally agree with your DIVIDEND payment argument!!

Fruit for Thought!!

"Suppose you invested $ 5,000 in the stock of a company in the year 1976. If you opted for reinvesting your dividends, your total assets after the three decades might amount to $ 1.4 million. If, however, you did not opt for reinvestment of dividends on your investment of $5,000
your total earning might not probably exceed only $375,000. You would be making over one million less in your earnings because you chose not to reinvest your dividends." -

Source: (http://ezinearticles.com/?Benefits-of-Reinvesting-Dividends&id=997242)