Q: I recently received a $3.80 per share cash dividend from Changyou.com (NSDQ: CYOU), which you recommended in the January issue. Can I expect more of these large payouts down the road?—Roger Sozanski, Payette, Idaho

A: Probably. Changyou.com, a developer of online games for the Chinese market, is certainly generating enough cash to make more such payments. And it is likely to do so if its share price continues to be weak. This is management’s way of rewarding you and other shareholders for your patience.

CYOU’s share price is down 30 percent in the past year, mainly because analysts fear that a slowdown in the Chinese economy will negatively impact online gaming. But the company’s operations are going strong.

The company’s flagship game, Tian Long Ba Bu (TLBB), was released five years ago and continues to be hugely popular in China, offering a combination of martial arts and social networking features. Since then, CYOU has expanded to offer 14 games that reach almost 200 million online players. And CYOU’s offerings are developing more of a global following.

After being spun out from China’s Sohu.com (NSDQ: SOHU) and going public in the spring of 2009, Changyou.com has increased its revenue by 34 percent and earnings 26 percent. At the same time, the company has kept a lid on expenses, resulting in net profit margins in excess of 50 percent. Game development costs require a lot of upfront capital but very little on a continuing basis. As a result, Changyou.com has been quietly accumulating a large cash hoard, which broke the $460 million mark last quarter.

The $3.80 dividend paid out last quarter cost the company $200 million, just about equal to 2011’s free cash flow. If CYOU maintains its current growth, it can afford to pay an ongoing attractive dividend while continuing to fund future development.

Q: In the story “Measuring Momentum” (July 2012), you wrote that indicators, such as the relative strength index (RSI) and moving averages for stocks, can be found on Google Finance, but I haven’t been able to locate them. Where can they be found?—Chuck Phelan, via email

A: To access technical indicators on Google Finance, you first enter a ticker in the search bar at the top of the web page, and that will pull up the stock’s information page. After that, click on the tab labeled “Technicals,” which appears just below the price chart. You will then have the option of adding a variety of moving averages and RSI, as well as Bollinger bands and stochastic oscillators, to the price graph.

Q: With the Bush tax cuts about to expire is there anything I can do now to avoid paying more taxes down the road?—Susan Madrose, San Diego, CA

A: The first step would be to talk with your accountant or other tax professional. They’ll have a better understanding of your personal tax situation and should be able to provide a more tailored tax strategy.

Next year, the tax on long-term capital gains could rise to 20 percent (vs. 15 percent currently), if Congress doesn’t extend the Bushera tax cuts. So, assuming this makes sense for your situation, one approach would be to sell positions that have accumulated large capital gains, in order to take advantage of today’s more favorable tax rates.

But be very careful here. Kneejerk selling might backfire, especially if you really believe in the growth potential of a company (or mutual fund) and plan to hold its shares for the long term. For instance, if you plan on holding a stock for another decade, and believe it will generate a net annual return of 8 percent during that time, you would come out ahead by waiting, assuming your projections come true.

Another step you could take this year would be to focus more on tax-advantaged investments, such as municipal bonds; their income is not taxed at the federal level, and might also be exempt from state taxes if the bonds were issued in your home state.

You might also consider opening a Roth IRA, if your income is below the limits for contributions. For those older than 59 ½ years, the money that has been held in a Roth IRA for at least five years can be taken out tax-free.

Younger investors, or those who exceed the income limits for a Roth IRA, should also consider increasing their contributions to 401(k) plans, which aren’t taxed until retirement, or making contributions to 529 college savings plans for their children or grandchildren.