2 “Recurring” Dividends That Shake Off a Crisis, Grow 88%+
March 08, 2022 at 04:00 AM EST
When a market storm hits, we dividend investors can protect our wealth and grab steady payouts when we buy stocks backed by strong recurring revenue. It’s one of the oldest business models there is! Here’s how it works: customers pay for the services these companies provide every month, year or whatever, which gives them predictable—and ideally growing —profits. What’s more, these payments are “sticky”: once buyers start making them, they’re quickly “out of sight, out of mind,” automatically pulling from their bank accounts (or dropping onto their credit cards) on the regular. (I’ll show you two such firms in a moment, one of which is converting its recurring revenue into a recurring payout that soared 88% in just two years.… Read more