Sorry that was a fund - my mistake - ignore that part of the comment.

Buffett selections make the best choices.

Anything large with rising dividends and a wide moat are great choices.

Management is not so much of an issue as Buffett always says that it's best to
pick a business even an idiot can run as eventually one will.

That tiny crap stock you mentioned is definitely not a good choice.

check out this web site,
http://www.fool.com/school/drips.htm
and there are others. They are called dividend reinvestment plans - DRPs or
DRIP's for short, there are pros and cons and different types of plans. With
some plans, you can start small and buy more over time.
Go to the company's web site. Their investor relations page should tell you if
have a plan.
A nice dividend can help keep a good stock from going to low, especially when
interest rates are low, but agree it is not the only reason to buy a stock.

why would you buy a $30 dollar stock and follow it to 20 because it has a 4
percent yield. stock dikvs are a scam in this and maybe future markets. the
stock and company are worth what they are worth dividend or not. don't get stuck
holding a bad stock with a good dividend. mike