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
-
Over the years, few companies have served income investors better than the S&P 500 Dividend Aristocrats. To become a “Dividend Aristocra...
-
There is a company that’s doing exactly what you want to do: lending to venture growth stage businesses in the tech sector. Better yet, that...
-
Cheap valued stocks with high yields will never go out of style. I could go on about the powers of compound interest, but I think we're ...
-
First, and perhaps the most obvious, is that being able to enter biotech stocks at a cheaper price — assuming the companies are not fundamen...
-
This has got to be the most interesting high-yield opportunity to watch this earnings season. The company was already one of the most genero...
-
The steady stream of payments from dividend stocks can act as some ballast in the rough seas. After all, if you’re already getting a 3 to 4%...
-
I am adding to my existing long position in this REIT. The commercial property REIT has very convincing portfolio and dividend coverage stat...
-
In this day and age, quarterly earnings are arguably the most watched events in the stock market. And when a company reports its quarterly f...
-
Owning dividend stocks can be a great way to not only grow your portfolio but also get a tax-effective cash return on your investment. Wheth...
-
Investing in real estate can be lucrative. That is, if you don’t mind taking on a second job as a landlord. Would-be investors need solid cr...
0 comments
Post a Comment
Post a Comment