The Best Dividend Stocks Today Could Also Double Your Money

There are two essential ways to make life-changing wealth from a stock.  

You can profit in the long term as the company grows its bottom line and the stock price goes up. Or you can get that profit delivered right to your hand in the form of a quarterly check.  

These are the best versions of growth and dividend investing. Many people think you have to choose whether to invest in growth or dividend stocks. But that’s a common “all or nothing” fallacy… 

There are plenty of dividend stocks out there with growth prospects. And there are plenty of growth stocks that also pay nice dividends.  

rolled banknotes

Image Source: Unsplash

A great thing about the stock market is that you can own fast-growing companies that have dividend yields greater than the 10-year Treasury bond. 

You can have the best of both worlds, and you do not have to sacrifice anything.  

For example, today’s best dividend stocks are poised to capitalize on real estate and the budding renewable energy market. 

We have an equity investor with a growing tech portfolio, a renewable energy company growing profits 40% annually, and an opportunity to collect rent in the form of a dividend.  

Here’s that first one… 

This Dividend Stock Has Hands in Everything  

Private equity and alternative asset manager Blackstone Group Inc. (NYSE: BX) is a gainer and a dividend payer. The company is expected to continue growing at a very high rate, with analysts projecting 34% growth this year and more than 15% a year increases on average for the next five years. 

The current dividend yield is 3.46%. 

Blackstone's dividend policy is to pay out about 85% of its distributable earnings every quarter. When the company does better, your dividend can go higher.

1 2 3 4
View single page >> |

Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

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.