Long-time readers know I’m a big fan of the insurance industry because of one quirk in their business model. Customers always pay premiums upfront, sometimes years before they ever file a claim. In the meantime, insurance companies can invest the cash as they please—pocketing any interest, dividends, and capital gains. Think of it as an interest-free loan. No other business in the world enjoys this kind of advantage...
It’s the “best dividend stock you never heard of.” That’s how I described niche insurer RLI Corp (NYSE:RLI) when I wrote about it in my paid advisory Passive Monthly Income. The company ranks as one of the top income stocks in history, with 44 years of consecutive dividend increases. That has, as you can probably imagine, resulted in jaw-dropping returns. If you had invested $1,000 back in 1988, your position would have grown to over $180,000 today. Yet I’d bet 99 out of 100 people have never heard of this company.
Source: Income Investors
Related Articles:
- 5 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
- Warren Buffett's Secret To 50% Returns
- 5 Undervalued, Big-Name Stocks To Consider For Your Dividend Portfolio
- 4 High-Yield Energy Stocks Growing Their Dividends
- 5 Dividend Stocks In Need Of A Market Correction
Best Dividend Stocks: $1,000 Turned Into $180,000, Safely
Posted by D4L | Sunday, November 24, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
Dividend Aristocrats and Kings tend to snag most income investors’ eyes with their consistent dividend payouts, proven-and-tested business o...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
-
Double your money in a short time. Few investors would walk away from such an opportunity. Of course, there's no guarantee that any inve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.