How to Uncover the Best Paying High Dividend Stocks

We often hear that Millennials are terrible investors because most Millennials entered the workforce during the 2008 financial crisis. Afterward, many hesitated to invest after seeing their families lose money, and those who often invested very conservatively.

With 20/20 hindsight, most people would agree that not investing during the turbulent 2008 financial crisis was a regret. Shortly after, we saw one of the greatest economic booms to the economy and those who invested made some of the greatest returns.

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

In the S&P 500, which gauges 500 popular American companies. The average dividend yield of the S&P 500 is 2.00%. So, for every $100 you invest in the S&P 500, you will earn $2 annually in dividend payments.

What Are High Dividend Stocks?

High Dividend Stocks are typically stocks that offer a dividend yield greater than the average 2.00%. 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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