What are yalls favorite dividend stocks?
Do you pay taxes on the dividends at the end of the year?
Do you pay taxes on the dividends at the end of the year?
Dividend investing.....let's talk about it!
- Thread starter GoFlipAPack
- Start date
Or maybe not
I basically go here Dividend.com and see what has a high yield and reasonable price, then buy 
. Preferably monthly payouts. Dividends are reinvested. Is it a proper strategy? Probably not.
. Preferably monthly payouts. Dividends are reinvested. Is it a proper strategy? Probably not.
That's what I was thinking about doing but I know theres more to it that i dont see.I basically go here Dividend.com and see what has a high yield and reasonable price, then buy
Ghostface Trillah
God-level poster
Google dividend aristocrats.
I like coke for dividends though personally. Doesn't really move up or down drastically.
I like coke for dividends though personally. Doesn't really move up or down drastically.
Kornball The Conqueror
Superstar
I like reits,mlps, and bdc i shoot for 7-10%
My fav is Abbvie. I was buying in the $60s-70s but not anymore. My average cost is $71.59 and it's selling at close to $90 now. My yield on cost is 6.5% but the current yield is 5.25%.
2nd fav is Target. Average cost is $84.52 and it sells for $129.21 now. Yield on cost is 3.1% but the current yield is 2.05%
I bought both of those stocks in the mid to late summer this year.
If you make more than $38K a year in taxable income you pay taxes on dividends annually. Typically 15% federal.
I wouldn't suggest doing this. You should be doing at least minimal research into the companies you invest in or at least understand the company very well.I basically go here Dividend.com and see what has a high yield and reasonable price, then buy
If you want a monthly payer and don't want to research anything invest in the index fund SPHD. That fund invest in the top 50 highest dividend payers of the S&P 500 that are the most stable and pays monthly.
Start picking random high yields off a list and if they can't maintain those high yields and cut the dividend you'll probably lose more than you ever made.
When does the tax penalty start to get bad?
I would say when you’re able to live off the dividends lol
Living off dividends is a stretch for the common person. Maybe if you start building a portfolio when you're very young and maintain it until retirement age. It takes very long term investing to do that because the typical stable dividend stock is gonna have a starting yield of under 3% It's hard to find great dividend stocks that have high yields that will stay high and not cut it. The most stable dividends have lower growth rates as well.
Yo, this video popped up on my front page today. I haven't watched it yet, but I will.
Lately, Ive been thinking more and more about why cant WE do some thing similar to what WB did. Not even scale up to multiple billions, but growing a portfolio to $4 Mill plus before were old, old should be possible.
To answer the OP...
Before I got into investing, it actually blew my mind when I learned about dividends. Getting paid from a company to do nothing at all....
In my own accounts, the only Dividend company I have is ATT and its not much(I also had a few small position in some over dividend paying stocks, but I sold those off). My accounts are filled with mostly AMRN (Biotech, waiting for a BO). From there, I hold a small position of AMD (Tech, great growth play) and a few small penny stocks. Nextech, SHMP, RGBP...
For my daughters account, I focused on a mix of growth and dividend stocks. Went with AMD and AMRN. For dividends I went with a mix of different companies, at 1 time, or another. ATT, Apple (still own) McDonalds, Kraft, Disney and Amazon at 1 point.
I love ATT because I see it as a growth company that pays a VERY high dividend (5.33%).
When I get the big pay day Im waiting on, Im def going to start positions in a few dividend paying stocks.
Clark Wayne
Superstar
I got a couple of REIT stocks for monthly dividends and some solid blue chips like AT&T and Coke for the quarterly dividends.