Retire on This High-Dividend Stock? A high-dividend stock is one that is desired by many income investors. But when it comes to high-dividend stocks, there must be more that is considered than just the yield. For instance, investors need to determine if the dividend is sustainable over the long term, not to mention if the investment, as a whole, is worth one’s time. As of this writing, the dividend that is paid to shareholders is $0.68 on a quarterly basis. This represents a payout of 69%, which provides safety to the dividend, as well as the possibility of hikes. Since 2012, the payment has nearly doubled, with shares currently trading at $54.07, with a yield of 5.03%.
I have found a company that would meet this criteria for a high-dividend stock: Tupperware Brands Corporation (NYSE:TUP) stock. Known worldwide, Tupperware is known for its food preparation, storage and serving products. The company operates in more than 100 countries around the world and has been in business since 1946. Tupperware has a long history and a presence around the world, which is beneficial. That’s because if one market sees a slowdown, another can see growth to offset it. Whether investing for a rainy day fund or your retirement, dividend investing is a great way to generate some extra income. With money market investment products offering near-zero-percent interest rates; TUP stock is a great high-dividend stock that should not be ignored by investors.
Source: Income Investor
Related Articles:
- 7 Dividend Stocks With A Low Payout Ratio
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
- Income Annuities vs. Dividend Stocks
- 8 Select High-Yield S&P 500 Dividend Stocks
- Your Greatest Wealth Building Asset
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Investors looking for the best dividend stocks for 2021 and beyond should take a closer look at the stocks with the longest histories of ann...
-
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appr...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Are you looking for a great dividend stock to add to your portfolio? There are many options out there, but the reality is that many just don...
-
Good income investments often come with strong dividend yields, delivering income that's higher than an investor could find at a bank or...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
Safety and tranquility are both important aspects of investing for retirement. Yes, we want stocks with meaningful upside. We also -- howeve...
Tupperware seem like a pretty solid company. They are known for their high quality products and are a household name really. At 5% they really are a good buy.