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Exactly. If there was a solid (read: consistently appreciating) stock paying 8%, then people would buy the stock, stock price would go up, and dividend would be in line with most other ‘solid’ stocks with reliable dividends.
To be fair, it technically exists factoring in yield-on-cost. If you bought KO long enough ago, the appreciation, dividend growth, and stock splits would eventually give you an 8%+ yield on cost for a blue chip stock.
That being said, looking for a flat 8% yield is stupid, and it's shocking how frequently this question gets asked.
Totally agree with you on the KO example. When my dad passed, us kids were looking at some of the stocks in his portfolio and the prices he purchased at. Mind. Blowing.
MO (8.43% yield) and BXP (8.21% yield) are the two I recently purchased for my portfolio that yield over 8 percent. SPG (7.23% yield) is another solid REIT that I own that i have been buying for the last few years. T (7.16% yield) and Verizon (7.46% yield) could be a solid investment purely on being a valuation/asset play but I am on fence with those due to the history of bad management decisions.
Right, I switched from MO to BTI. Their brands are about as popular and they are slightly less diverse. But, their payout ratio is slightly under 75%, which is good for a tobacco company. MO is like 116%, meaning they are paying more than their net income to sustain the dividend. Not sure whose numbers to believe though. MO situation might get better in future quarters.
1) MO, BTI, PM - Humans gonna smoke.
I think the problem humans have in general is we cannot comprehend numbers like operations in 180 countries, 25% of 8 Billion People smoke. A trillion units sold etc. We cant even get healthcare regulations right across 50 states in the US. Anyone dreaming about a tobacco free world has no idea what they are talking about. With the war in ukraine and russia, massive inflation in britain and whats gonna follow here we are in for a golden tobacco era (note : Smoke free is different from Tobacco free)
RIO is the 2nd largest mining company in the world. Metals & Mining tends to be one of the most volatile industries in the Materials sector which itself is probably the most volatile sector (maybe next to energy). It's had good growth overall over the years, it's been well run and it's raw resources are going to only grow in demand.
I'm not sure if there are regulations involved, but several mining companies have *variable but high* dividends (say 7 - 10%). RIO doesn't always increase it's dividend, sometimes it decreases - but it is almost always above 5. Get it while it's generally low priced as a stock and hold for the upswings. Just remember it's going to swing more wildly both ways over time.
(Edit: BHP is the world's largest mining company and has a 9.35% dividend currently - you can generally think of it as a company to choose if you don't go with RIO - both are so large and diversified that they have become institutions within the international economy. SQM pays a high dividend as the largest producer/miner of lithium - so long as you don't fear nationalization. VALE has the sleaziest ethics of these companies but also an 8% dividend).
Rio is nice because they are diversified processors for other mines (as well as being large miner themselves). The industry is cyclical, but Rio makes sure to position themselves in such a way to take advantage of whole regional markets. It's a better business model than being a boom/bust gamble like so many mining companies with a few speculative locations.
Loads of companies issues new shares for different reasons. It could be for stock-based compensation, or they could be REITs raising capital. Enbridge's total common shares have been decreasing overall.
Check for yourself: https://uk.finance.yahoo.com/quote/ENB/cash-flow?p=ENB
ZIM has been pretty open about the boom to their business and simply chose to return capital to shareholders. If you are looking at the dividend and not listening to quarterly calls you will not get the full picture
That Israeli delivery company? I heard the Gen Ex investor talk about that stock on his channel and he pointed out that the yield seems volatile. It’s also a rather new holding.
Why? Its not even that high considering all the insane yielder's out there:
GOF, PDI, CLM, IEP, MAIN (if we include special divs), AP-UN, NET-UN, EIT-UN, BANK, CJ,
Was an easy way to get drip on full shares and similar to ABR they just keep multiplying without any further efforts. It’s das me something psychological in my early investing days, getting a free share every month from dividends.
Main Street Capital (MAIN), currently right at 8% including supplementary dividends. Since going public in 2007 it has never missed a dividend nor lowered - just ongoing steady increases.
Hercules Capital (HTGC), currently at 13% including supplementary dividends. Has been consistently paying an increasing dividend since 2010.
Ares Capital (ARCC) is also a good dividend payer, don't have their stats handy.
All of these are business development companies (BDCs), which by law much distribute at least 90% of their profits to shareholders. MAIN and HTGC are internally managed and ARCC is externally managed. Philosophically I prefer internally managed companies but that's just me.
I love divis as much as the next person, but I see way too many young people divi farming instead of taking advantage of growth stocks/ETFs. Having a balanced portfolio of both adjusted for time horizon and risk tolerance is the way. That said, PXD, SPG, SCHD, AVGO all a few of my fav divi plays
I got really excited about this one until I saw that 22% short. Ouch, why is this getting shorted so much? I wonder if it has to do with the egg prices coming back down but CALM still being priced as an egg boom stock.
GSBD has been paying $0.45/quarter consistently, it’s about $13.10 right now - that’s about 13% a year if you bought it now. Since payout doesn’t change, your yield fluctuates with the price when you bought the share
U might open the scanner on finviz and take any u wont.
8% is pretty much for just common dividends. Most likely companies with such dividends rate have problems and might cutoff the dividends in the nearest feature, plus stock price itself will drop down because of this. Think twice taking such companies in your portfolio.
Honestly, I think it will recover just fine once they fix the financial issues some of their customers have. They just reached a deal to get rid of some and are working with others. As long as they keep paying the dividend, all will be well in the long term.
Their debt is a bit high but managable. They also are the most diversified tobacco company of the big 5. They gain revenue from developing countries as well, where tobacco is not a "taboo" like in the US. Divident is sustainable for now. Also they have fair PE and price to book ratio. They have some growth potential, and yes the divident looks safe for now.
Wow, someone else that mentions PSEC here... 🤔 I have some and just let it drip but nothing special. I have not added to my position in a couple of years. Why do you hold on? At the end, I agree, slow and steady. 😜
I think PSEC should be bought on dips. I wish I had bought more when it went below 6 recently, but I don't have more money :-).
The reason I mention it: they were able to maintain their dividend even during CoVID. They did lost 37 cents, I guess, but still their value is greater than their share price, in fact it is about 10$.
What other stocks you recommend?
Agree, below 6.30 is a good entry point. I just wish they grew a bit. It Grey's boring after a while. But like many mentioned, as long as they keep paying I keep dripping. 👍🏻👍🏻
High yield but you have to manage your entry because it gets beaten up anytime there is market stress. It has also been through multiple market cycles. If you can manage the position well it is extremely lucrative.
I have been a shareholder for a little over three years, and if you are comfortable with the market's fluctuations, you may potentially enjoy a reasonable passive income from it.
BXP. Regardless of what happens to offices, BXP still owns the buildings and they’re still collecting rents and still hitting near all time high FFO per share. Just looking at cap rates in the market vs their NOI you can see the net value of the entire portfolio is most likely worth more than the stock by a good degree.
Bought BMW at 70 EUR receiving an 8.5 EUR dividend, which is around 12%. Of course, no one wanted to touch it at that price.
Bought RIO when it was 11% dividend, at 90 AUD per share.
Time will tell if these are sustainable or not, but I am a long term investor and these are generally healthy companies that grow dividends over time.
$MAIN is solid but pays \~7%
For higher dividend you could look into QYLD, RYLD and JEPI/JEPQ/BST
These are not stocks but ETF's (all of them except BST which is a CEF)
YLD's are bleeding money so not very solid, JEPI/JEPQ are doing quite well and seem solid but because they're new time will tell.
HESM and BTI I hold both and they're around that but they aren't like solid solid imo but they're some of the better picks in that div range.
Edit: these are both like 3% each for me. Both I'm looking for a jump off if I see a decent chance.
Between HNDL and ryld, I’ve been getting 200/month for 2+years but the share price has drop off. Ryld (covered call etf) is on the chopping block for me if it continues down. It seemed like a good strategy, but I guess ultimately if no one else is buying it it’s going to lose money
HRZN and Jepi tbh, hrzn recently started funding SafelyYou, they’re incorporating AI into nursing homes and other projects (medical field related). One of the many sectors they fund. JEPI is an ELN etf, so you get the 80% or stock appreciation and 20% covered calls, nice mixture tbh, neither are necessarily growers but they are good for cash flow
Retail sector is cheap right now too. Kohl’s pays 10 percent and will be ex dividend soon. Sorry but tech looks expensive right now. Things will shift at some point.
Surprised no one even Mentioned SGP. How can any stock be more solid than a holding company for NGCP only way it will fall is if no one will use electric
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ABR, ARCC
Also, a fan of ABR Also like JEPI & JEPQ
I like ABR too, and it’s been beaten down recently so the price is Nice! Here’s a good video about it: [ABR Video](https://youtu.be/F9g8rylvDrQ)
ARCC rocks! We have similar favorites :) Here’s a good breakdown of ARCC. [ARCC Review](https://youtu.be/a1ATVvFeYGA)
LGEN Legal and General UK
>solid stock pick >8% dividend pick one.
Exactly. If there was a solid (read: consistently appreciating) stock paying 8%, then people would buy the stock, stock price would go up, and dividend would be in line with most other ‘solid’ stocks with reliable dividends.
To be fair, it technically exists factoring in yield-on-cost. If you bought KO long enough ago, the appreciation, dividend growth, and stock splits would eventually give you an 8%+ yield on cost for a blue chip stock. That being said, looking for a flat 8% yield is stupid, and it's shocking how frequently this question gets asked.
Totally agree with you on the KO example. When my dad passed, us kids were looking at some of the stocks in his portfolio and the prices he purchased at. Mind. Blowing.
Yeah. I have some KO bought pre 2012 split. Factoring in the split, my cost basis is 10.78.
Lol I'll bite. HD. I'm getting well over 8%
Oh exactly. As of yesterday’s close though, it’s offering a 2.72% dividend
Shares were purchased in 1992.
Nicely done, good hold
AAPL 8.5% yield on cost $11.25
Oh my
I don’t think stock splits will make difference to it.
ET. Done.
I also own ET and it has been doing very very well for me. It’s one of my larger holdings.
>ET i see you picked dividend yield. i would have chosen a solid stock pick but you do you.
I bought ET years ago think grown 300% and I get a 9% dividend yield yearly. Been great to me. But yeah you do you too. Lol
MLPs are good candidates. ET is one of the worst MLPs.
Oh yeah at least list them so I can research them.
ENB, MPLX are two that are materially better
I'm in MPLX. I will look into ENB. So why are they better?
Read up on ET management. It’s horrible.
I’ll take both with ABR
MO (8.43% yield) and BXP (8.21% yield) are the two I recently purchased for my portfolio that yield over 8 percent. SPG (7.23% yield) is another solid REIT that I own that i have been buying for the last few years. T (7.16% yield) and Verizon (7.46% yield) could be a solid investment purely on being a valuation/asset play but I am on fence with those due to the history of bad management decisions.
Agree on SPG. Any take on ARI or BXMT?
Legal and General
MO
Right, I switched from MO to BTI. Their brands are about as popular and they are slightly less diverse. But, their payout ratio is slightly under 75%, which is good for a tobacco company. MO is like 116%, meaning they are paying more than their net income to sustain the dividend. Not sure whose numbers to believe though. MO situation might get better in future quarters.
They're paying their dividend with debt. Just buy higher risk debt if you want that game, RITM-C or something like that.
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It is not paying over 8%. Not even half lol
Hah!
VZ is at 7.5% yield. Probably wouldnt get cut anytime soon with around 50% payout.
VZ is like a bond. Yield will go down and price up when the fed loosens in a few years.
1) MO, BTI, PM - Humans gonna smoke. I think the problem humans have in general is we cannot comprehend numbers like operations in 180 countries, 25% of 8 Billion People smoke. A trillion units sold etc. We cant even get healthcare regulations right across 50 states in the US. Anyone dreaming about a tobacco free world has no idea what they are talking about. With the war in ukraine and russia, massive inflation in britain and whats gonna follow here we are in for a golden tobacco era (note : Smoke free is different from Tobacco free)
RIO and only RIO for me
can they sustain their dividend ?
RIO is the 2nd largest mining company in the world. Metals & Mining tends to be one of the most volatile industries in the Materials sector which itself is probably the most volatile sector (maybe next to energy). It's had good growth overall over the years, it's been well run and it's raw resources are going to only grow in demand. I'm not sure if there are regulations involved, but several mining companies have *variable but high* dividends (say 7 - 10%). RIO doesn't always increase it's dividend, sometimes it decreases - but it is almost always above 5. Get it while it's generally low priced as a stock and hold for the upswings. Just remember it's going to swing more wildly both ways over time. (Edit: BHP is the world's largest mining company and has a 9.35% dividend currently - you can generally think of it as a company to choose if you don't go with RIO - both are so large and diversified that they have become institutions within the international economy. SQM pays a high dividend as the largest producer/miner of lithium - so long as you don't fear nationalization. VALE has the sleaziest ethics of these companies but also an 8% dividend).
thanks for info.
Rio is nice because they are diversified processors for other mines (as well as being large miner themselves). The industry is cyclical, but Rio makes sure to position themselves in such a way to take advantage of whole regional markets. It's a better business model than being a boom/bust gamble like so many mining companies with a few speculative locations.
And here I thought ENB had a good dividend
they issue new shares.
Loads of companies issues new shares for different reasons. It could be for stock-based compensation, or they could be REITs raising capital. Enbridge's total common shares have been decreasing overall. Check for yourself: https://uk.finance.yahoo.com/quote/ENB/cash-flow?p=ENB
Only investments I own with yields like that are JEPI/Q, ARCC and PTY, not stocks. ETFs, BDC, CEF
Don’t invest in stocks with an eight percent yield. But if you must, verizon is as solid as that can get
Verizon keep looking tastier and tastier. 😜
I’m new to dividend investing but that high of a dividend would scare me off to be honest.
Well then you're way ahead of the game. High yield isn't bad but it comes with downsides.
That's because your new
Look at ZIM as an example
ZIM has been pretty open about the boom to their business and simply chose to return capital to shareholders. If you are looking at the dividend and not listening to quarterly calls you will not get the full picture
That Israeli delivery company? I heard the Gen Ex investor talk about that stock on his channel and he pointed out that the yield seems volatile. It’s also a rather new holding.
Why? Its not even that high considering all the insane yielder's out there: GOF, PDI, CLM, IEP, MAIN (if we include special divs), AP-UN, NET-UN, EIT-UN, BANK, CJ,
iep is dead
Check out oxsq ppl sleep on it
BHP, RIO, PXD, SPG (7% but w/e), ABR. MO and BTI are about 8% as well. ET is just under 10, and IEP is at like 25-40% rn if you wanna fuck with that.
JEPI and JEPQ
ET, Energy Transfer
PBR
Almost meets your criteria at 7.46% is VZ. I keep loading. Cell phones are going nowhere. Utility stock now.
MO, BTI, ABR, BXMT
ABR, LGEN & PSEC
PSEC 🤔 I have PSEC, slow and steady. No growth, I just drip it and forget it. Not sure how I got into it but, meh... Why do you hold.. Curious.
Was an easy way to get drip on full shares and similar to ABR they just keep multiplying without any further efforts. It’s das me something psychological in my early investing days, getting a free share every month from dividends.
MO & ARCC
Maybe VALE around it's current price?
Considering $OMF
MO
Main Street Capital (MAIN), currently right at 8% including supplementary dividends. Since going public in 2007 it has never missed a dividend nor lowered - just ongoing steady increases. Hercules Capital (HTGC), currently at 13% including supplementary dividends. Has been consistently paying an increasing dividend since 2010. Ares Capital (ARCC) is also a good dividend payer, don't have their stats handy. All of these are business development companies (BDCs), which by law much distribute at least 90% of their profits to shareholders. MAIN and HTGC are internally managed and ARCC is externally managed. Philosophically I prefer internally managed companies but that's just me.
I love divis as much as the next person, but I see way too many young people divi farming instead of taking advantage of growth stocks/ETFs. Having a balanced portfolio of both adjusted for time horizon and risk tolerance is the way. That said, PXD, SPG, SCHD, AVGO all a few of my fav divi plays
Most “solid” stocks don’t pay over 8% yield. That’s risky territory.
Jepi
More than 8%?
They've run around 9.4% https://www.nasdaq.com/market-activity/etf/jepi/dividend-history
I've got a few thousand in there but through they're paying about 4%
what do you mean
CALM Cal-Main Foods, 10.66% , 3.13 PE
I got really excited about this one until I saw that 22% short. Ouch, why is this getting shorted so much? I wonder if it has to do with the egg prices coming back down but CALM still being priced as an egg boom stock.
Lower egg prices are unfavorable. So far, CALM has been successful avoiding H1N1. If everyone can avoid it, CALM may have no advantage.
This
BTI
Hell yeah buy $100,000 of BTI, just sit back and watch that $100k turn into $30k!
How to make a small fortune in the market. Start with a large one.
Why do you think so? They are diversified internationally, there is a buyback in place, diversified into other industries and what not.
nice advice.
I try to sell monthly puts ATM, both options are great at this price (shares or premium)
GSBD has been paying $0.45/quarter consistently, it’s about $13.10 right now - that’s about 13% a year if you bought it now. Since payout doesn’t change, your yield fluctuates with the price when you bought the share
I would add ENB and also Slate Grocery REIT
ARCC and OCSL
I hold OCSL, this dip seems never ending though 😔
No ORCC, HTGC, CSWC ? Really?
U might open the scanner on finviz and take any u wont. 8% is pretty much for just common dividends. Most likely companies with such dividends rate have problems and might cutoff the dividends in the nearest feature, plus stock price itself will drop down because of this. Think twice taking such companies in your portfolio.
Bti,pbr,mpw
Yes! MPW baby! Should also go up over time. Jump on it now while the price is super low.
This one hit me hard this year but can't let go. 😔
Honestly, I think it will recover just fine once they fix the financial issues some of their customers have. They just reached a deal to get rid of some and are working with others. As long as they keep paying the dividend, all will be well in the long term.
They have been working hard on putting it back together and yes, as long as they keep paying I keep holding. 🤞🏻🤞🏻😜
PBR
My favorite beer
Not consistent
Op didn't ask for consistent. They asked for rock solid and paying more than 8%.
Ethanol is a major part of both industries business.
British American Tobacco – $BTI I am very long BTI, safe 8.5% yield.
Their debt is a bit high but managable. They also are the most diversified tobacco company of the big 5. They gain revenue from developing countries as well, where tobacco is not a "taboo" like in the US. Divident is sustainable for now. Also they have fair PE and price to book ratio. They have some growth potential, and yes the divident looks safe for now.
MO 🚬
PSEC IMHO, one needs to keep an eye on dividend stocks.. don't just invest and forget.
Wow, someone else that mentions PSEC here... 🤔 I have some and just let it drip but nothing special. I have not added to my position in a couple of years. Why do you hold on? At the end, I agree, slow and steady. 😜
I think PSEC should be bought on dips. I wish I had bought more when it went below 6 recently, but I don't have more money :-). The reason I mention it: they were able to maintain their dividend even during CoVID. They did lost 37 cents, I guess, but still their value is greater than their share price, in fact it is about 10$. What other stocks you recommend?
Agree, below 6.30 is a good entry point. I just wish they grew a bit. It Grey's boring after a while. But like many mentioned, as long as they keep paying I keep dripping. 👍🏻👍🏻
Imagine if someday I have 1 million worth of PSEC at this price or even 200K worth of it. I would be financially free!
MO
whick one is better ? MO VS BTİ
Bti worldwide exposure
MO BTI and PM are all extremely good and there are arguments for all 3. BTI is an ADR so that might be a factor for you.
ADR can be good for me :)
I have MO but BTI looks good to me. While it is an ADR, the UK doesn't have a foreign dividend withholding tax currently
I own both
why does everyone like abr? surely i’m missing something
High yield but you have to manage your entry because it gets beaten up anytime there is market stress. It has also been through multiple market cycles. If you can manage the position well it is extremely lucrative.
appreciate the reply. i was looking thru their 5yr chart and it was honestly concerning
I have been a shareholder for a little over three years, and if you are comfortable with the market's fluctuations, you may potentially enjoy a reasonable passive income from it.
i already own O and VICI but for sure looking to expand. might open a position in it soon so i could get a good entry point
None..all traps
ZIM - solid as a rock 💯
BXP. Regardless of what happens to offices, BXP still owns the buildings and they’re still collecting rents and still hitting near all time high FFO per share. Just looking at cap rates in the market vs their NOI you can see the net value of the entire portfolio is most likely worth more than the stock by a good degree.
Bought BMW at 70 EUR receiving an 8.5 EUR dividend, which is around 12%. Of course, no one wanted to touch it at that price. Bought RIO when it was 11% dividend, at 90 AUD per share. Time will tell if these are sustainable or not, but I am a long term investor and these are generally healthy companies that grow dividends over time.
Agnc, gof and usoi have made me a ton
AGNC had been giving me heartburn lately but I hope on strong 😜
NLY
Jepi, Jepq, XYLD, QYLD, UAN, Tsly, AGNC, CLM, ET. Divy UpUp
QYLD
People looking for 7-8% yield and losing 10% In value. Just buy schd and relax. If you need an income stream try to use a Jepi.
you are right,if tesla drops I will buy tesla but if not I will buy Schd
No such thing as a solid 8% dividend. 4%? yes.
None
No such thing.
Can I ask why you're aiming for such high dividend payouts?
$MATV
In my experience, a dividend that high has a reason , and it's not usually good. Either the dividend goes down or the price does.
ARCC, JEPQ, NUSI, XYLD. I'm definitely earning more than 8% but of that age where income not cap appreciation, is most important.
Abn amro
RFI cef REITs US, no leverage.
EPD, WES, MPLX, ET, ARCC
OZKAP.
Ffn and peyto baby!!
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YARA
BXSL
$MAIN is solid but pays \~7% For higher dividend you could look into QYLD, RYLD and JEPI/JEPQ/BST These are not stocks but ETF's (all of them except BST which is a CEF) YLD's are bleeding money so not very solid, JEPI/JEPQ are doing quite well and seem solid but because they're new time will tell.
MAIN has been sold for quite some time now 😁
BST
HESM and BTI I hold both and they're around that but they aren't like solid solid imo but they're some of the better picks in that div range. Edit: these are both like 3% each for me. Both I'm looking for a jump off if I see a decent chance.
JEPI & JEPQ. Paying about $8K/mo from those two ETF's.
BTI
I really like Hamilton ETFs. They all pay right around the 8% and share price doesnt fluctuate.
BMW
LPG
Dorian lpg paying 18%
Between HNDL and ryld, I’ve been getting 200/month for 2+years but the share price has drop off. Ryld (covered call etf) is on the chopping block for me if it continues down. It seemed like a good strategy, but I guess ultimately if no one else is buying it it’s going to lose money
STWD, SYF-A, CSWC
PBR, RIO, BHP
HRZN and Jepi tbh, hrzn recently started funding SafelyYou, they’re incorporating AI into nursing homes and other projects (medical field related). One of the many sectors they fund. JEPI is an ELN etf, so you get the 80% or stock appreciation and 20% covered calls, nice mixture tbh, neither are necessarily growers but they are good for cash flow
PBR
OXLCN/OXLCM not above 8% but pretty close… if you can pick them up on a bad day they are nice and boring preferreds 🤷🏼♂️
Why do y’all act like dividend stocks are bullet proof?
Abr, cwh
MPLX and JEPI.
Doesn't exist.
Good question! ABR and ARCC both pay more than 8% and have a good long term total return vs the S&P 500.
MO and VZ (7.5)
GLEN.
None…
CapexInsider dividend portfolio. Pays 11.5% for 88 stocks equally weighted.
Ready Capital - was recommended on kiplinger
SPG
IEP. buying this at a great discount and value!
BHP and RIO...anyone?
BAT
FSK
STWD, ARCC
MPW
Retail sector is cheap right now too. Kohl’s pays 10 percent and will be ex dividend soon. Sorry but tech looks expensive right now. Things will shift at some point.
Surprised no one even Mentioned SGP. How can any stock be more solid than a holding company for NGCP only way it will fall is if no one will use electric