How To Get More Dividends That Actually Build Huge Wealth

how to live off dividends It is high time someone showed the investing world how to get more dividends that actually build huge wealth the right way.  It seems that when you talk to so called pro’s, all they point you to is a  dividend stock that has shaky underlying financials that can lead to some very disappointing stock price depreciation during future trading sessions.  My goal is to avoid said stock depreciation and point out a few great equity selections that will give investors some above average dividends as well as a great chance at long term stock price appreciation.  A 10% dividend may sound great, but not if at the end of the year the stock price drops by 15%, giving you an overall loss of 5%.  If you are looking to learn how to get more dividends for your investing buck, then you are going to love this.



Let’s start out by testing your knowledge of what is considered an average dividend?   So, what did you come up with?  Many people think that you need about a 5% or higher dividend to be average.  The real answer is 2.02% when we take a look at the current makeup of the S&P 500.  This tells us that if we can find stocks out there that give us above 2.02% in annual dividends, then we are beating the average return.  But we also want to avoid high dividend paying stocks that are falling in price, thus wiping away any annual returns that we may have enjoyed.  One thing we should avoid is companies that have a negative earnings per share.  That can be a red flag that there will be some stock price depreciation in the coming trading sessions.  So all in all, let’s stick to buying positive PE’s and above average dividends based on the current S&P 500 rates.   With all the above being considered, here are 5 stocks that fit the bill when it comes to figuring out how to get more dividends out of your investing dollars.

How To Get More Dividends That Actually Build Huge Wealth5.  Medallion Financial Corporation (MFIN $5.11) is a solid selection to add to one’s portfolio.  Looking at their price to earnings of only 4.83 tells us that something has to give.  Either the dividends will be increased, or the price will go up rather dramatically. A very low price to earnings ratio coupled with their current 3.92% dividend gives us something to look forward to as time goes on.  With the current S&P 500 PE being at 25.26, this stock would to more than triple in price to be on par with the overall market.  This is the kind of stock that I have no problem with adding to the long term holdings section of my portfolio.  When it comes to learning how to get more dividends for your money, this is a good start.

How To Get More Dividends That Actually Build Huge Wealth4.  SunCoke Energy Partners LP (SXCP $12.92) is one that could easily be a number 1 selection for anyone’s portfolio.  SunCoke is currently paying out a huge 18.39% dividend.  The nice thing about this stock is that they are also trading at a very low price to earnings ratio of 6.50.  That gives the stock a great chance to double in price and still be trading with a price to earnings ratio of under 15.  This is the kind of dividend stock that can breathe some huge life into a struggling portfolio.  SunCoke Energy gives investors a great chance of possibly tripling their money through stock price appreciation as well as capturing a very nice 18.39% dividend.  The best thing is that this company is making a profit and not carrying a negative EPS.

How To Get More Dividends That Actually Build Huge Wealth3. Ship Finance International Limited (SFL $15.76) easily makes the top 5 in dividend stocks you will want to consider.  Their dividend is currently 11.42% and they are carrying a very low price to earnings ratio of just 7.68.  That tells us that they could easily double in price and still be considered a fairly priced company.  They are massively underpriced at this moment in time and that gives us a great chance to lock in some high dividends with a chance to earn a little bonus income from the stock price appreciation.  When trying to find the right answer to how to get more dividends, Ship Finance fits the bill.

How To Get More Dividends That Actually Build Huge Wealth2.  KNOT Offshore Partners LP (KNOP $18.73) is a great stock that has dropped a bit over the last few trading sessions.  This gives us a chance to capture yet another high paying 11.11% dividend.  The price to earnings ratio is at 11.4 giving us a bit of room to grow over the next few quarters.  This company hits both the key stats of high dividend rates and a nice and low PE compared to the overall market.  This is the main way on how to get more dividends rolling into your portfolio.

How To Get More Dividends That Actually Build Huge Wealth1.  AmeriGas Partners, L.P. (APU $46.11) is an oldie but a goodie when it comes to buy and hold dividend stocks.  APU is paying out 8.15% and has not dropped their dividend payouts in decades.  They have consistently maintained or increased their dividend payouts to the benefit of the stockholders.  They own a very large percentage of the propane market in the United States.  (They are the largest by far)  This gives them some huge control over the propane market as a whole.  With that kind of power, this is a solid company to add to a portfolio for the long run.



At this point, you now have 5 good high paying dividend stocks to consider.  With dividends only having to beat 2.02% to be considered above average, these stocks should be called gold mines.  If you want to see what it will take to be able to live off of dividends for the rest of your life with no bull crap sprinkled on it, then check out my in depth analysis of what it takes to get the job done nowadays.  For those of you who enjoy a bit more risk with your investing money, then you will love my take on how to double your money over and over and over again here.  And finally, if you want to see how I actually put all the information I write about to work in real investments, then you can check out the page I have dedicated to these stock selections here.  You will see that it is usually way ahead of the standard market return.  Be warned that I did take the summer of 2016 off to enjoy some of the fruits of my labor.  The good news is that I have returned and I am ready to get back to crushing this market.  Feel free to ask about any stocks you are curious about in the comment section below.

 

How To Get More Dividends That Actually Build Huge Wealth

Save

Save

Save

Speak Your Mind

*


Notice: Any information that is written on this site is for educational purposes only. It should never be considered as financial or investing advice. Anything you read on this site is just informational and that is it. I am no longer a registered financial advisor and licensed by the SEC. I am now just a blogger who enjoys writing about stocks and making money online. You should always seek a professional financial advisor for advice on investing and any stock you are considering. Remember that investing is inherently risky and you could lose all of your money. I am also an affiliate of some of the items discussed on this site. In other words, I may be paid for people buying stuff off of this site and the links on here as well. This is how I am able to keep the site up and running.