8/14/2019 Dividend Stock http://slidepdf.com/reader/full/dividend-stock 1/17 Income Stocks "Grow long term wealth with less risk or harvest immediate income by buying the best dividend-paying income stocks" Grab your 30-day Trial and 7 Bonuses Today Dear Cautious Investor, Trust is hard to win in a market that has been as bad as this year's. Even the most conservative and stable ideas are under question. In a recent interview, someone asked Warren Buffett how he finds companies to invest in. Mr. Buffett smiled and said that he does three things : He reads. He thinks. He talks to people. How many average main street investors have the time, the patience and the knowledge to do this? You're right… very, very few. Let's face it: most people know they're not Warren Buffet and never will be. But I've found a similar strategy to grow rich, simply and easily. It doesn't take a lot of time or work. It's relatively safe. You don't need a lot of money to get started. Best of all, it puts "extra" income in your hands every month. If you want greater wealth but don't have unlimited amount of time, energy or expertise to acquire it ... this is for you.
My name is Roger Williams and let me introduce you to an investment strategythat works in both good times and bad.
Trust is hard to win in a market that has been as bad as this year's. Even themost conservative and stable ideas are under question.
But if you want to be successful through the bad times as well as the good, itstarts with playing solid defense. This is a fundamental rule of investing thatmany people forget when irrational exuberance takes centre stage.
Sadly, this is a concept lost on the majority of investors right now as well.
When it comes to any kind of investing strategy, the ability to play solid defensecan ease you through turbulent times much better than most ordinary investors.
And the concept here is simple: Defensive investing means having some strong, solid, dividend-paying income stocks in your portfolio.
Income through Dividends is Your SecretWeapon
During the high-growth 1990's bull market, interest in stock dividends droppedto near zero. But with the collapse of the tech bubble, there has been a growingappreciation for stocks that pay dividends. Nevertheless, dividends are still oftenundervalued by many stock investors.
Investing for dividends is much easier and lower-stress than investing for highgrowth or momentum. But it's not mindless. Dividends are stocks' secretweapon. Studies show that dividends account for up to half the total return of the stock market over long terms, a surprising fact considering how littlepublicity they get. There is no "Dividend Index" or anything like that which getsreported every day like the Dow and the NASDAQ.
Let's look at some facts about dividends.
Not all stocks pay them. The payment of dividends is a discretionary decisionmade by each company's management and Board of Directors.
But for companies that do pay them, dividend policies tend to persist. Acompany with a history of paying dividends will rarely abandon that policy.Many companies have been paying - and raising - dividends for decades, and
Dividend-paying companies tend to be larger and older companies, with well-established cash flows that fund the dividend each year. Thus, they tend tobe companies that are more stable, safer, and less volatile. Many of them are
quite simply reliable cash-generating machines. They share some of thatcash with you by paying it out in dividends.
At the current maximum federal tax rate of 15%, dividends are themost tax-advantaged form of income available. Better than your salaryand better than bond interest (both of which are taxed at your marginal taxrate, which is usually higher than 15%).
The best dividend-paying companies often provide significant potential forprice growth on top of their dividends.
But the best thing about dividends is that your yield will often rise over time.Compare this to the fixed yield that bonds pay. This rising-yield phenomenon, tome, is the most intriguing aspect of dividend stocks.
How does the yield rise? It happens when the company raises its dividend. Manydividend-paying companies have a history - an implied policy - of increasing theirdividend regularly. Often this is done in line with their earnings growth eachyear. So even a company with modest annual earnings growth of, say, 10% peryear may increase its dividend 10% per year too. In your job, how often do youget a salary increase of 10%?
The increased dividend increases the percentage yield on your originalinvestment. The math is simple. Say you purchase a $100-per-share stock whenits dividend yield is 3% (which means its dividend is $3 per share). You buy 100shares for $10,000, and the stock pays you dividends of $300 that first year. Thenext year, the company's earnings increase 10% and the company follows itsusual practice of raising the dividend to match: Up 10% to $3.30 per share. Youget paid $330. Your yield - calculated on your original investment - has jumpedto 3.3%.
Note that it no longer matters what the "current yield" printed in the newspaperis. That is based on the stock's current price, whereas your yield is based onwhen you invested. If the stock's price kept pace with its earnings growth (as is
often the case), the current yield will still be depicted as 3% -- but that onlyapplies to new buyers, not to you.
If the 10%-per-year scenario keeps happening, in year 3 your yield will be alittle over 3.6%, in year 8 it will have doubled from its original 3% to 6%, and inyear 16 it will be paying 12% on your original investment. That 12% yieldexceeds the annual long-term return of the stock market itself, and far exceedsthe fixed return available from any investment-quality bond.
Thus we see why dividends are stocks' secret weapon. They are under-publicized, yet provide about half the total return of the market with moresafety. And they go up.
Unfortunately, "income" is often reflexively associated just with bonds. Manyinvestors who are looking for income overlook the income available from stocks.But as we have just seen, stocks' income potential often exceeds that of bonds.The smart stock investor recognizes this and takes advantage of dividend stocksin his or her portfolio.
Now, of course, all these good things do not come without a little risk. Whereasmost (certainly not all) bonds are relatively risk-free, stocks always have somemarket risk attached. However, given the large, mature, stable nature of manydividend-paying companies, that risk is relatively small. Dividend payers tend tobe less volatile than the market as a whole and certainly less than most high-growth stocks.
By the way, a high yield is not the only criterion for selecting good dividendstocks. A well-rounded approach will turn up stocks that not only have decentdividends to begin with, but also the potential for price appreciation. Top
Income Stocks newsletter keeps an eye on total annual return - with a strongdividend component.
1. Why Dividend Stocks are good for Long-Term Growth?
From a long-term perspective, the most profitable stocks are dividend stocks.The stocks with the best total returns are not the headline-grabbing high-growth,high-priced, "latest great thing" issues. They are not technology stocks. Thechampions in the best-total-returns game are dividend-paying stocks.
Look at this fascinating graph from Ned Davis Research:
First , the total return from dividend-paying stocks far exceeds the return fromnon-dividend-paying stocks, with the gap widening steadily over time.
Second , even during the high-flying bull market of 1982-2000, when so muchtotal return came from price increases, dividend stocks outperformed non-dividend stocks handily.
And third , when the dot-com bubble crashed in 2000 through 2002, the
dividend-paying stocks held their own, compared to the steep losses of the non-dividend payers. And that was no fluke: Look at the crash of 1974 - see howmuch better the dividend payers held up then, too.
Studies show that dividends have accounted for nearly half - or more - of thetotal return of the stock market over very long terms. That may surprise you,considering how little publicity dividends get. There is no widely reporteddividend index that gets the attention bestowed every day on the Dow, the S&P500, and the NASDAQ.
But all of those indexes reflect price changes only. Thus, they give avery incomplete picture of "how stocks are doing." No wonder
dividends pass under so many investors' radar.
Here are some common mis-perceptions about dividend stocks:
They are slow-growing and boring;
They are an indication that a company cannot think of anything better to dowith the money;
They are good only for retirees needing income.
These notions are all incorrect. The fact is, dividend-paying stocks areattractive as a core investment for anybody, of any age. Let's focus for amoment on people in the "wealth accumulation" stage of their lives, which isbasically anybody short of retirement. Beyond your immediate financial needs -day-to-day pocket money, groceries, gasoline, mortgage and other debtpayments, and raising your kids - your predominant investment goal is toaccumulate enough to retire.
"What's the number?" That's the big question that financial advisors and onlinecalculators help you determine: How much will you need for a comfortableretirement? Whatever it is, dividend stocks will help you get there. Look again atthe graph above.
Dividend stocks will help you accumulate far more money than any other stockinvestment, possibly more than any type of investment, period. Dividend stocksoffer the best total return. Remember, total return is the real target, not merelyprice appreciation.
Total return = price appreciation + dividends
The key to long-term growth is to re-invest those dividends. Re-investingdividends brings the miracle of compounding into play. You create a virtuouscircle: re-investing dividends means more shares owned which in turn meansmore dividends to re-invest, etc. The dividends act as a turbocharger on the
growth of your wealth.
And it gets even better if the dividends themselves are increasing. That is why itis important to buy dividend stocks with a strong history of raising theirdividends.
2. Why Dividend Stocks Are Good for Income?
This benefit is pretty obvious. You do not have to sell the stock to get thedividend. It is simply sent to you or credited to your brokerage account. You canwithdraw it without touching your principal.
You can do anything you like with your dividends. Those dollars are not"trapped" inside the stock's share price. The dividends are remitted directly toyou.
If you are a retiree, you can spend the dollars as month-to-month income. Thisis where you reap the benefits of your intelligent wealth-building during theaccumulation years.
Surveys show that many retirees want to have both income and a growing nestegg. Dividends make this possible. You can re-invest some and spend the rest.And, of course, because dividend stocks are stocks, chances are good that theywill generate price appreciation over time anyway, even without re-investing thedividends.
Here's another benefit of dividend stocks. Unlike your pension, fixed annuity, CD,or bond, your dividend income will grow each year. That's because the bestdividend stocks are the ones that raise their dividends regularly. Those are theonly kind to buy… the kind we pick for the Top Income Stocks newsletter everymonth.
According to the May 2008 issue of Morningstar, stocks in the S&P 500 havebeen raising their dividends an average of 17% annually over the past threeyears. No bond does that, and neither does your local bank.
When you retire, you want to have plenty to live on, and you also want to keepyour nest egg safe. These two goals -- income and safety -- become paramount.Financial planners call this stage "harvesting."
If you are retired, you may be in this stage 30 years or more - as long as orlonger than you were in the workforce, accumulating your nest egg. Besideslooking after your own needs and not outliving your money, you may wish tohelp your kids buy their first house, be generous with your grandchildren, orperhaps leave a legacy.
That's why income and safety become so important: Income to live on, safety tokeep the golden goose alive.
3. Are Dividend Stocks Safe?
Relative safety is the third benefit of dividend stocks. Because they arechampions of the safety game.
Carefully selected dividend stocks have a low-risk on all three scales.
First, let's consider the risk of actual loss. Remember what we saw in the graphearlier: dividend-paying companies held up much better than non-dividend-payers during hard times in the stock market. This is not surprising. Dividend-paying companies are usually mature, solid, well established, and reliable. Manyare wondrous cash machines, in perpetually successful businesses. They pull inenough money every year to pay a healthy dividend and still have enough left togrow the business too. They suffer less during bear markets.
Of course, all stocks are vulnerable to market risk. But historically, dividend-paying stocks are less vulnerable than others.
Second, let's look at risk to the dividend . The best dividend companies seldomcut their dividends and raise them often. Their dividend practices tend to persist,because it's their unwritten company policy. They will go to great lengths not todeviate from the dividend pattern they have established. They know that theirshareholders expect it. Stocks with a history of increasing their dividends are theonly kind we consider here at Top Income Stocks.
And finally, let's evaluate the risk to purchasing power . This is the hidden risk,the thief that robs us all: inflation. You don't get a monthly bill in your mailboxfor inflation. But it is hidden in the background, driving up your cost of living.And this is where dividend stocks really shine.
Well-chosen dividend stocks are as safe as bonds. In fact, on this scale, they aresafer, because as their dividends grow, they keep ahead of inflation. Bonds -often considered the safest investment - usually do not keep up with inflation.There's a reason that bonds are called "fixed income" investments - their yieldnever rises and neither does their face value.
Do you think the prices of gas or groceries are fixed? Of course, not. That's whybonds can't keep pace. But dividend-paying stocks do keep up with inflation. Thedividends from well-chosen dividend stocks grow faster than inflation. Fivepercent, eight percent, or 10 percent annual growth in dividends - or more - isnot at all unusual. The average annual dividend growth of the Top 40 is morethan 18% over the past three years.
A 72-Year History Of Top PerformanceThe two main concepts that dominate the stock market climate are fear andgreed. While they're always prevalent, investors with a strong investmentstrategy know better than to base their decisions on fluctuating sentiments likethese.
Instead, it's better to look for long-term drivers -- like earnings growth, cash,and the ability to pay dividends to their shareholders.
History shows that the latter is a particularly smart way to go. From 1935 to2007, more than 40% of the S&P 500's total return came from reinvesteddividends.
The beauty of dividend stocks is that they work well in both rising and fallingmarkets. During the bull market of 1982 to 2000, dividend stocks actuallyoutperformed non-dividend payers by a considerable margin.
In current turbulent and tumbling markets, it's comforting to know that you'vestill got a source of income throughout the madness. You're essentially beingpaid for your patience, rather than selling off like everyone else.
Let's look at some more benefits...
3 Reasons To Invest In Dividend StocksDividend stocks offer more than one compelling reason to invite them into yourportfolio. Here are the three best ones:
Lowers Cost: When you're picking up a regular dividend payment per shareevery quarter, over time, it reduces the price you originally paid for theshares. It's essentially like buying a house, then renting it out to offset thepayment and pick up income, while the underlying asset appreciates at thesame time. And of course, since the Jobs Growth and Tax Relief Reconciliation Act of 2003, investors have paid lower taxes on dividends.
Provides Stability During Downturns: When the broader stock market is
under pressure and share prices are falling, dividend stocks are oftenconsidered one of the "safer haven" investment strategies out there, sinceinvestors are still receiving income. In turn, it's good PR for a company, withthe stock attracting more investors and the share price potentially rising as aresult. Pay attention to the level of insider ownership of a stock here. This isnot a hard and fast rule, but if insiders holds a big chunk of the companythemselves, they're less likely to be reckless with its money through overlyambitious projects or ill-advised buyouts, and may well pay greater attentionto shareholder interests and dividends.
Keeps Management In Line: When an executive team is dishing moneyback to its shareholders, not only does it show sound business acumen to beable to do that in the first place, but it also keeps them honest. Knowing thatthey have to make good on dividend payments on a regular schedule reducesthe chances that they'll fritter your money away on wasteful projects. And aswe've come to learn, that's a very good thing.
Dividend Stocks do have their drawbacks of course, as with everything else inlife, so it's important to look at every angle of a company before you jump intoany particular company just because they offer a high dividend.
Beware of companies that offer sky-high dividend yields. It could merely be acrafty way to mask bigger problems.
Automakers like General Motors (NYSE: GM) and Ford (NYSE: F) are goodexamples, as are some of the beaten-up financial stocks like Citigroup (NYSE:C).
Let's take Ford. In 1950 you couldn't buy shares of Ford. Henry Ford didn't likeoutside investors and had bought them out for $75 million in 1919. His familystill thanks him for it. When Ford was a private corporation, a large portion of shares was held by the Ford Foundation and most of the rest by family. About25% of Ford's profits were paid out to them in dividends. Then in 1956, HenryFord II, old Henry's grandson, took Ford public with the largest new listing ever-- 10.2 million shares. At this point, Ford was a fine dividend stock because itwas still growing.
In 1960, the Ford Foundation -- still a shareholder -- collected over $103 millionin dividends, up from $85 million the year before. This gives you an idea of thegrowth rate in Ford's fat years. Ford's dividends did well until the 1980s whenthe American automakers stumbled as Japanese competitors moved in. Forddividends then caught traction, improved again and continued to rise through the90s.
Then in 2001, Ford cut its dividend in half. In 2002, it cut again. In 2006, ithalved the dividend once more, for a quarter, and then stopped it altogether.
Bottom line: Make sure you do your regular due diligence. Keep an eye on yourinvestment and the moment a dividend cut occurs, investigate the reason for it.
If a company isn't growing its earnings or its cash-flow has shrunk, or if shareprices drop, it can be a sign that company is in trouble.
Make sure that the selected dividend paying company has good long-termgrowth prospects, reasonable debt, and strong financial position and creditrating. Avoid companies already on life support or deep in debt.
Income and Relative SafetyMany investors are turning to high dividend stocks to provide a steady incomeduring this bear market. The recent market meltdown has led many investors tothe relative safety of high dividend stocks.
But selectivity is critical to making this strategy work. Companies without ready
money could be forced to cut dividend payments. That's why cashflow is the most important indicator on the balance sheet.
Amid the market's mess, many pundits have touted the benefits of dividendpaying stocks. While it's true that dividends bring you a form of income, does itreally put a floor under a stock?
The argument is pretty simple. Many companies have products that are such anintegral part of day-to-day life that :
1. They are very unlikely to disappear.
2. They've built up balance sheets that are strong enough to survive a multi-year downturn.
So instead of high share price appreciation, they repay their shareholders bypassing along the profits in the form of dividends.
However, as cash flows dry up, companies cannot always support their dividendsand investors can suffer a second whammy as the dividend gets cut and thestock finds a new level at the same yield.
Here's the way to select the best dividend paying stocks...
Follow the CashYou have to be tactical. Buying dividend stocks in this type of prolongeddownturn does provide a good return if the stock remains stable. But if a cashflow shock occurs, dividends could suffer and the stocks that were supported atthe beginning of the bear market substantially underperform later on.
You can avoid this trap by looking at the key driver of dividends -- cash flow.
In the heat of a bear market, investors will always be concerned about how fartop-line growth can drop, but good management teams can handle this bycutting expenses.
However, the fixed depreciation of hard assets that are stuck to the balancesheet can make profit look worse than cash flow. While profit may look bad inthe short-term, I have never seen a company cut a dividend that was 50% of free cash flow (or less).
The bottom line is that as long as free cash flow holds up, the management teamhas options and the dividend will be safe.
The last thing a company with a historically stable dividend will do is cut itsdividend, as it would entirely change the shareholder base by boxing out valueinvestors that have a yield hurdle.
So when it comes to dividend-paying stocks, while revenue and earnings growthare obviously important, be more concerned with the money on the cash flowstatement.
The Secret of Successful "lazy" InvestorsDividend stocks are the successful "lazy" investors secret to real wealth. If youthink dividend-paying companies are boring, think again. 100 years of stockmarket history tells us that the best long-term strategy (by far) is to buy solid,dividend paying companies, hold them for the long term and reinvest thedividends.
Dividend-paying companies make the best investments... and you will learn howto find them. This is the secret of today's successful "lazy" investor.
Dividend security and their money-making power is hard to beat. Here is why:
Bush administration cut the tax rate on dividends to a maximum of 15%hence more money stays in your pocket.
More companies in the S&P 500 are paying dividends than ever before: 78%-- a record high, which means more checks are going out to shareholders.And the value of those payments is higher, too: up 11.5% in 2007 over2006.
Unlike earnings, dividends can't be manipulated. They protect you and yourmoney from unscrupulous companies and lying CEOs… like those who cookedthe books at Enron or mislead investors at Bear Stearns.
Dividends can be in the form of cash OR re-investment vehicle andaccumulate more shares for a bigger payday down the road. The choice isyours. The advantage of re-investment is that value of the shares really addsup, too.
For example: Let's say you bought $1,000 of Altria (formerly Phillip Morris) in1980. By 2007, you would have received $47,000 dividend in cash, excludingfees or commissions.
But if the dividend was reinvested, the shares would be worth $213,000! That is21,200% return - from just ONE investment in an ultra-safe "boring"company!
Historically, investors in dividend-paying stocks make more money with less riskthan other investors.
Ned Davis Research found that since 1972, non-dividend paying stocks gained at
an anemic annual return of 2.5% on average while dividend-paying stocksgenerated annual returns of 10.9%… allowing investors to make FOUR TIMESMORE on every dollar they invested in just the first year... and considerablymore in every year after that.
Non-Dividend vs. Dividend Returns Since 1972.
Source: Ned Davis Research. Investors in dividend-paying companies quadrupled their annual
returns compared to investors in non-dividend paying companies.
Lower taxes, more security, more choices, multiple income streams, higherreturns... maybe "lazy" investors are onto something after all?
How would you like to be a rich "Lazy Investor"?
Here is the way to your dream... Top Income Stocks specializes in finding thebest high-yield, safe dividend paying stocks in the world today.
Every month you'll receive our TOP 10 picks showing you the best dividend-paying income stocks.
Pocket "extra" cash with ultra-safeDividend Stocks
Why are dividends so popular? People have discovered the comfort and security
that "extra" dividend income provides -- especially since companies are laying off workers, and the price of a gallon of gas, a loaf of bread or a new pair of pants ishitting record highs.
Best of all, they collect this income without lifting a finger. Just like MarjorieBradt, a "plain vanilla" ordinary investor who amassed a comfortable "moneycushion" worth more than $1 million... simply by letting dividends "work" for her.
The dividend money is sent directly to your brokerage account or via checkstraight to your home. Imagine how good it'll feel when you reach into yourmailbox and pull out a fistful of cash every month that you didn't have to workfor!
This is possible because Top Income Stocks specializes in finding the highestyielding, safe dividend paying stocks in world today.
Every month you'll receive our TOP 10 picks showing you the best dividend-paying income stocks.
Income through Dividends is Your Personal
Bailout PackageThe United States government has entered a sort of bailout/stimulus maniaphase in its efforts to save the economy.
Among other actions, the U.S. has spent or allocated $29 billion to bail out BearStearns (financing its purchase by JP Morgan Chase); $85 Billion for AIG; and$700 Billion in a massive bank support program.
In September 2008, the U.S. government seized control of the mortgage giantsFannie Mae and Freddie Mac, assuming the liabilities of more than $5 trillionworth of mortgages. The ultimate cost of the Fannie/Freddie takeover isunknown, but will undoubtedly reach many billions of dollars.
These are boxcar numbers, all directed toward helping or saving largecorporations. All of the money, of course, eventually comes from the U.S.taxpayers.
Many citizens have complained that more help should be directed to individuals.And in fact, along with bailouts of the big boys, one direct-to-citizens stimulus
package has been implemented, and another is being discussed. The first one,the Economic Stimulus Act of 2008, provided $158 billion in tax refunds to theAmerican public, typically in the form of $600 checks to individuals and $1200 tofamilies.
A second stimulus package being discussed would again provide Americanconsumers with cash that could be saved, invested, or spent. Cost estimates forthe second stimulus program have ranged up to $300 billion.
Notice the dollar values of these various programs. It is striking that they are onthe same order of magnitude as the amount of money distributed directly toshareholders by American corporations in the form of dividends each year.Dividends are capitalism's quiet way of getting cash to individuals. Companiesmake profits and distribute some of those profits directly to their owners.
In 2008, according to the latest Standard & Poors estimate, companies in theS&P 500 will distribute almost $245 billion in dividends to their shareholders.Add in the companies that are not in the S&P 500, and the total might reach$275 Billion.
Last year, S&P 500 companies distributed $247 billion, the year before that,$225 billion. From 1995 through the end of 2008, over $2.2 trillion will havebeen distributed by companies in the S&P 500 to their shareholders.
Companies have been doing it for many years. Unlike government stimulusprograms, these are not singular events. They don't require congressional actionor presidential approval. This stimulus is available to anyone.
Want to create your own stimulus check? Buy some good dividend-paying stocksand hang onto them. Every month or quarter, that company will send money toyou.
The Key to Unlocking Dividend Income StartsHere
There are more than 20,000 publicly traded American companies. The majordilemma is finding a dividend paying company that holds up.
If you're Warren Buffett, you have the resources to wade through this mixed bagand find the most promising dividend-payers. But as we already know, mostinvestors aren't Warren Buffett or have resources like him.
Don't worry, now with help of our research service -- Top Income Stocks - youtoo can find the high-yield, safe dividend-paying income stocks. You can finallyfulfill your dream of a regular income plus long term low risk growth.
Every month you'll receive our TOP 10 picks showing you the best dividend-
paying income stocks. Click here to signup today andcan get Top Incomes Stocks 30-day trial membershipfor just $4.97.
Where to Look for the BestDividend Stocks
Did you know that there are hundreds of companies that want to pay you forinvesting in them? These dividend-paying companies come in all sizes. They'refrom all industries. And many hail from outside the U.S.
Besides sending checks to you four times a year, these companies offer superiorreturns. As shown earlier, Ned Davis Research found that since 1972, non-dividend paying stocks gained an anemic annual return of 2.5% on average. But
dividend-paying stocks generated annual returns of 10.9%.That's a huge difference, especially when you consider that dividend companiesdo much better than other companies when the market is going through hardtimes. For example, during the market slaughter of 2000-2002, non-dividendpaying stocks fell 35% ... while dividend payers broke even on average.
But selecting dividend-paying companies involves much more than just findingthe ones with the highest dividend yields. Those yields may look nice, but theycould be hiding a weak company. And this company could be trying to lure ininvestors with the promise of generous dividends. Chances are those companieswon't be able to keep their promise.
So what kind of dividend-paying companies make the best investments? I lookfor companies with a track record of at least 10 quarters of offering dividendswhich keep on going up from quarter to quarter... or at the very least don't godown.
And to make sure that these companies can afford their dividends, I also look attheir payout ratio. This number measures the amount of the dividend comparedto their earnings. If the ratio is too high, it tells me the company is at risk of lowering or stopping dividend payments in the near future.
It's not all about the dividends, though. These companies should also have
outstanding leadership... a record or being able to grow their earnings... and theprice of their shares should be reasonable. I prefer to buy companies which areunderpriced but show excellent growth prospects.
That way, you not only get cash from your dividend payments. You also get acompany that can grow its share prices. Dividends plus capital appreciationequals an outstanding total return -- and with much less risk than you'd begetting from many non-dividend companies.
That's where we come in because Top Income Stocks specializes in finding thehigh-yield, safe dividend-paying stocks. Every month you'll receive our TOP 10picks showing you the best dividend-paying income stocks.
But please act now, because this 30 day trial for just $4.97 offer will bewithdrawn soon.
To thank you for trying the Top Income Stocks , all free bonuses are yours tokeep even if you cancel your membership, but you must ACT TODAY.
Test Drive >>>
Sincerely,
Chief Editor, Top Income Stocks
P.S. You could be reading the Top Income Stocks to make dividend-payinginvestments in the next 5 minutes - but only if you act now to start your 30 daytrial membership for just $4.97!
