Finding the Best High Dividend Stocks For Your Portfolio
We often hear that Millennials are terrible investors because most Millennials entered the workforce during the 2008 financial crisis.
Popular Millennial Stocks
The primary stocks that Millennials are purchasing are tech stocks (Tesla, Microsoft, Apple). As well as companies with strong brand awareness (Virgin Galactic, Amazon, Peloton) according to Robinhood’s list of 100 popular stocks.
What Are Dividends?
Dividends are a portion of the company’s earnings that are distributed to shareholders. In addition to the value of a company’s stock going up, dividends are an additional payment sent to shareholders simply for owning the company.
Dividend Investing Is a Growing Trend
Dividend Investing is a growing trend investment strategy involving owning primarily stocks that offer dividends. The idea is that by owning enough stocks that offer dividends, those dividend payments can eventually entirely replace your income for retirement.
What Is The Average Dividend Yield?
This is the dividend compared to the current value of the stock. So while the dividend amount is typically pretty consistent dollar value, the dividend yield changes daily as the stock price changes.
What Are High Dividend Stocks?
Typically high dividend stocks come from companies with strong cash flow such as: - REITs (Real Estate Investment Trust) - Oil & Gas Companies - Telecommunication Companies - Utilities - Banks
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