3 Battle-Hardened Dividends Up to 8.3% (and 1 to Sell Yesterday)
March 27, 2018 at 06:00 AM EDT
A few weeks back, I revealed my proven 3-step process for a “do-it-yourself” 10% dividend yield . I’ll sum it up for you in 5 words: buy stocks with “accelerating” dividends. That is, payouts that grow faster and faster every year. It’s a double win! Take Royal Caribbean Cruise Lines (RCL), a stock I focused on in a March 6 article (and still like today). Plenty of dividend investors look at RCL’s current dividend yield—a meager 2.0%—shrug and walk away. Terrible move! I’ll show you why in 2 charts … well, make that one chart with 2 different layers. Let’s start with this one: “Accelerating” Payout Drives a 500% Income Boost! … Read more