A couple weeks ago, I showed you a 4-stock dividend portfolio that’s throwing off a gaudy 7.3% yield today. It’s ideal if you’re retired and leaning on your investments to pay the bills. But if you’re looking to grow your nest egg, your best bet is to reinvest your dividends and harness the magic of compounding. Today I’ve got three stocks for you that are perfect for doing just that...
Their average current yield is 3.4%, which is certainly better than the S&P 500’s average of 2.2%. But the real story is how much they’ve boosted their payouts in the last five years: an average rate of 165%, or 33% annualized! And that doesn’t include the huge special dividends one of them has delivered (more on that in a moment): Wyndham Worldwide Corporation (WYN), Packaging Corp of America (PKG) and Best Buy Co Inc (BBY).
Source: InvestorPlace
Related Articles:
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors
- 5 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
- 6 Dividend Growth Stocks With Very Little Debt
- 4 Secrets To Finding The Best Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Well-chosen dividend stocks are powerful wealth creators. They can add both growth and stability to your investment portfolio -- while putti...
-
High-yield stocks with low price-to-earnings ratios tend to do well over time. It’s also a good deal for investors when the earnings of the ...
-
Whenever a non-dividend-paying stock sets up a regular dividend policy, it is considered very, very good news. And that’s also why, whenever...
-
I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have ...
-
Dividend stocks are the Swiss army knives of the stock market. When dividend stocks go up, you make money. When they don't go up -- you ...
-
I have chosen five stocks selling with dividend yields of 6%+ and with low payout ratios. The dividends of these stocks represent just 50% o...
-
As time passes, fewer investors are familiar with Peter Lynch. That’s a shame. The famous former Fidelity fund manager delivered astounding ...
-
It has been a glum time for ExxonMobil (NYSE:XOM) shareholders. Regardless of whether you’re looking at the past one year, five years, or te...
-
Dividend-paying companies are beacons of profitability. Generally speaking, a company isn't going to share a percentage of its profit or...
-
Buying and holding high-quality dividend stocks is one of the best ways for any investor to consistently beat the market over the long term....
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.