The best time to buy a dividend grower is usually any time – if you’re holding period is long enough, that is. But, what if you don’t have years to wait to get rich? Today, I’m going to show you a simple dividend growth “timing formula” that will help you accumulate great wealth with shareholder-friendly stocks. I’m talking about gains up to 40% per year, which means your money will double every two years.
For example let’s look at United Parcel Service, Inc. (NYSE:UPS), which always seems to pay between 2.5% and 3%, give or take. Boeing Co (NYSE:BA) is our most recent successful example. We bought the stock days before its late-2016 dividend hike. Here’s another example. I re-recommended datacenter landlord CoreSite Realty Corp (NYSE:COR) to my Hidden Yields subscribers in October 2016, just before the firm’s big dividend increase.
Source: InvestorPlace
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- The Magnificent Marvelous Money Machine
- 5 Five-Star Dividend Stocks
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- 6 Stocks Currently Trading Below their Fair Value
- The Wit and Wisdom of Warren Buffett
The Secret to 24% Yearly Gains — With Safe Blue Chip Dividends
Posted by D4L | Wednesday, September 06, 2017 | ArticleLinks | 0 comments »________________________________________________________________
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