In Your 30s? Here Are 3 Dividend Stocks To Buy Now That Balance Yield And Growth

I started buying stocks at 27 years old. By living below my means and systematically investing my savings into high-quality dividend growth stocks, I was able to become financially independent and retire at only 33 years old.

The dividend growth investing strategy can work miracles. But you have to consider your age when selecting the most appropriate stocks for your goals. If you're 20, you'll be more interested in growth than yield. But if you're 60, yield is very important because you're probably living off of your investment income.

What if you're in your 30s, like me? Well, I think it's important to find that balance between yield and growth. And you still want to make sure you're sticking to high-quality stocks. That means great fundamentals, including growth, financial position, and profitability.

Quality is often borne out in lengthy track records of growing dividends. After all, how better to prove you run a highly profitable business than to send shareholders growing cash dividends year after year? It's with this in mind that I want to share with you three high-quality dividend growth stocks that I think are great ideas for investors in their 30s.

Each stock offers a market-beating dividend, great fundamentals, many years of dividend growth, and a valuation that isn't overly demanding. These are household names that should continue to compound your wealth and passive dividend income for decades to come. And they all provide solid dividends that you could even live off of today if you wanted to.

The first stock I want to tell you about is Johnson & Johnson (JNJ). It's one of only two companies in the world with an AAA-rated balance sheet. The financial position doesn't get any stronger than that. Want more evidence of quality? This Dividend Aristocrat has one of the longest dividend growth streaks in the world, with a 10-year dividend growth rate of 6.6%. They can afford to hand out these increases because they're growing the underlying business.

1 2
View single page >> |

Disclaimer: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.