Dividend Gold |10 Wealth Stocks to Buy for Life | Dividend Stocks | Investing Strategy #stockmarket

Dividend Gold |10 Wealth Stocks to Buy for Life | Dividend Stocks | Investing Strategy #stockmarket #dividend #passiveincome #stock #investing #investment #investingstrategies

Use the link below to open an account with #Sofi and receive $25 if you deposit $10 or more. It will also be a gift to my son and I if you use it.

https://www.sofi.com/invite/money?gcp=c45d4f47-3a15-4b07-8b4f-413ebaaf3c19&isAliasGcp=false

📈 Searching for the perfect blend of income and growth in your investment portfolio? Look no further! In today’s video, I present my carefully selected list of 10 dividend stocks that not only stand the test of time but are poised for greatness in 2024 and beyond. 🌐💰

From stalwart dividend payers to emerging stars in various sectors, each stock on this list is chosen for its dividend stability, growth potential, and resilience in the ever-changing market landscape. Join me as we explore the details behind each pick and why they could be the key to securing your financial future.

🔍 Key Dividend Stocks Discussed:

1️⃣ Virtus Infracap Preferred Stock Fund. (PFFA): A Preferred Stock fund paying a yield currently of 9.59%.

2️⃣ 3M Company (MMM): An industrial conglomerate known for its dividends and a wide range of innovative products currently paying a 5.47% yield

3️⃣ Foot Locker (FL): A classic consumer goods Shoe Company with a new CEO with great potential for growth paying a 5.12% yield.

4️⃣ Cracker Barrel (CBRL): A wonderful Quick-serve sit-down restaurant chain with a long history of serving people traveling across the country. Currently paying a 6.59% yield

5️⃣ United Parcel Service (UPS): A Global delivery service currently paying a 4.12% yield

6️⃣ Pfizer Inc. (PFE): A healthcare powerhouse with a strong focus on research and development, offering stability and dividends. Currently paying a 5.84% Yield

7️⃣ Cisco Systems (CSCO): A technology and consulting company with a growing dividend and a focus on innovation currently paying a 3.09% yield

8️⃣ Verizon Communications Inc. (VZ): A telecommunications company with a solid track record of dividends and a focus on 5G technology.

9️⃣ Caterpillar (CAT): A Global leader in manufacturing construction and mining equipment, currently paying a 1.75% yield with great growth potential.

🔟 NextEra Energy Partners, LP (NEP) is a leading clean energy company focused on the development and operation of renewable energy projects, including wind and solar assets currently paying a dividend yield of 11.3%

👉 Ready to fortify your portfolio with dividend stocks that could be your income stream for life? Share your thoughts on these picks in the comments below and let’s discuss the power of dividends!

📊 Don’t forget to hit the like button, subscribe to the channel, and ring the notification bell for more investment insights, strategies, and updates on these dividend gems!

🚨 Disclaimer: The information provided in this video is for educational purposes only and should not be considered financial advice. Always conduct thorough research and consult with a financial advisor before making investment decisions.

=====================================================================
#stockmarket #beststocks #dividend #dividendstocks
#sofi #finance101 #investment #stock #wealthbuilding #financialfreedom

Hello and welcome to another episode of the rational investor I hope you guys are doing well today is Saturday December 30th I guess it’s New Year’s Eve Eve today I’m going to talk a little bit about some dividend stocks I had a somebody ask about the my dividend

Portfolio I’ll rattle through mine but honestly I don’t want you to to follow it because I’m so heavily invested in a couple of them for for my own personal reasons I’d hate for somebody to actually follow that along so anyway stick around I’ll get into my 10 picks

For dividend stocks to invest in and let me know what you guys Think so for those of you who don’t know me my name is Adam Khan and I’m the rational investor I hope your day is going well I hope you’re excited for New Year’s hope you’re enjoying your weekend it’s a little bit overcast here and uh still a nice day we’re we’re really

Fortunate here in v I gu um before I get into the video about the dividend stocks I picked I picked 10 if you could do me a favor if you haven’t already hit the Subscribe button maybe smash that like button really helps YouTube’s algorithm and other people find me if you’re

Enjoying the content I’m really enjoying doing the videos and it’s super cool to see the the the Channel Growing and I really like people making the comments and going back and forth I really do my best to answer everybody and I and I’m really genuine about it so so thank you

And everything else now also keep in mind anything I share is not Financial advice this is just me a guy on YouTube sharing the information I found over the years and what works for me I I really don’t expect you to follow it or necessarily to agree with it nor do I

Think you should follow anybody on YouTube in general I think you need to make your own financial decisions for what works best for you because everybody has their own unique position that that fits their situation best and it’s not great to just blindly follow somebody else because they might be

Different age different positions different requirements all sorts of different things going on and everything has to be really specific to to your situation on top of that if you see somebody in the comments talking about meet my advisor or whatever else by all means be real careful my guesses it’s a

Scam I’m not going to sell anything I’m not going to reach out sell any books I just do these videos because you know this information’s free there’s no reason for me not to share like you can look it up in your library you can Google research we can all do this type

Stuff and if you’re coming here I figure you find this stuff interesting as well so I hope you enjoy the content I hope you share the one thing I will do I’ll put a link in the description on opening an account with Sofi not only do I own

Stock in the company I also open an account with them with my son if you click on the link in an open account and deposit $10 or more they’ll give you a free $25 gift and they also give a little gift to the account that I open

With my son he’s 13 years old it gets him excited it’s a really good way for for me to teach him about investing and saving as well so it’s super cool and as well as just subscribing and liking thank you I really appreciate that so let’s get into the 10 stocks I picked

Actually even before that since the person Des I’m going to Rattle off the ones that are in my dividend account but again I’m not going to go into the percentages or how much I own of each of them I’m just going to Rattle through them real quickly and they’re not

Actually the ones I picked as my favorite so to be fair like some of them I I was just Ed I I do the same things that some of you guys do you know I get attracted to yield and things that aren’t necessarily the best things to do

The 10 that I picked I really like those companies and I’ll go into them a little bit in detail but so on my account and I’ll just go through the ticker symbols is agnc BBY which is Best Buy cbrl and which is Cracker brow dvn with Devon

Energy uh Foot Locker FL NEP next to our Energy Partners Ohi oh high is I call it pffa which is the the verdis infra cap preferred and some of these will overlap in my my 10 picks um RC Ready capital S swk which is a stanle Black and Decker

Um and Target and Walgreens boots which is TGT and WBA now again I didn’t want to get into the details of the account not because I’m concerned about what people think about it but I didn’t want to share because I don’t want anybody following the percentages I put in

Because I got really heavily into as a percentage a couple of them um partially because dividend and and my favorite one I’ll keep into the end and that’s one of the ones I really overdid it in but I I I believe in the bet that I’m making and

Again I really don’t want anybody following it because if I’m wrong on the bet I I would feel terrible about that so let’s get into my 10 stocks and I’m going to save the best for last in my mind because I’ll get into why I like it

And everything else so number one I have the one of the ones I mentioned which is is the verdice INF forap preferred stock fund it’s ticker symbol is pffa and it’s the only one on here that’s actually a bit of a fund or an ETF or whatever you

Want to think of it in that way what I like about them is it gets me in a preferred stock without me having doing a ton of research into it they they’re able to pick up the stocks they like um and they pay out a really nice dividend

They pay monthly right now they’re paying a 99.59% dividend actually the stocks actually drifted up a little bit which is really cool as well well I didn’t expect to get Equity return nor do I expect that to continue I really bought it because of the monthly

Dividend they pay 16 and a half cents per share it’s a really good dividend at 99.59% and I like the monthly too because really if I could plug a ton of money in it and I’m not looking to it’s kind of nice to get those monthly dividends whether it’s better for me or

Not tax-wise it’s nice in terms of paying bills like it comes in every month I can use it to pay something every month um number two on the listen again these are in no particular order other than I’m saving the one I like best for last outside of that it really

Is somewhat random I have three m is next the ticker symbol is mmm which I think makes sense I think they’re really well Diversified into a bunch of different SKS um you guys should know it is poits and and they do all sorts of other things as well they got into some

Lawsuit recently which really clobbered the stock but to be fair it was a big lawsuit and there should some concerns around it but it pushed the pricing so that far down the the dividend got above a 6% in yield right now where it closed on Friday or possibly if it opens there

To start the new year it’s at a 5.47% dividend which I think is a great dividend for an individual stock now I’m hoping that they’re leaving enough room in there that they can still continue to grow the company but I think they have enough skews that they’re pretty well

Diversified that I don’t see a ton of risk outside of the lawsuit which they seem to be getting past um next on my list is one I’ve bought in in the portfolio for other things which is Foot Locker it’s ticker symbol is FL um it’s paying a 5.12% dividend and I

Bought it because of this new CEO that they brought in last year her name is Mary Dylan she helped Drive the business for Ulta beauty where she grew them immensely over the time that she was there and I like to think that people who are access successful at one place

Or successful at another I also think Foot Locker like when I look at it has it has real capabilities too so I think she really could have gotten into another company that she can manage to transform and change and bring them up to the modern world and really help them

To grow and and and expand that business on top of the fact that it’s paying a 5% dividend so that gets me super excited about it I like stocks that I like anyway that are making decent money that are paying a good dividend and that I

Also see a vision where I think they could potentially grow as well so I’m hoping over over the next 10 years like this is a long-term hold type of stock for me I’m hoping over the next five or 10 years she really transforms that company and helps it grow in huge

Potential you know shoes have become even sneakers PE kids collect them they pay more attention than we ever did I mean maybe it started when the Air Jordans came out when I was like I don’t know eight nine 10 years old years ago I mean I just remember it was at Camp when

They first came out but it seems like ever since then it’s kind of transformed what a sneaker could be um next on my list is Cracker Barrel it’s ticker symbol is cbrl I don’t know that that’s one of my favorite companies or one of mine that I believe you should own forever but

They’re paying a 6.59% dividend which I think is excellent and you know when I travel cross country and I see those signs I I just think that their business is probably just fine they slowed down a lot they we actually stopped and ate there recently and and they were pretty

Crowded the only thing I’d say is I actually think they have room to raise their prices on the menu I thought their food prices were pretty inexpensive when I think of them compared to other companies and what they’re charging for sitdown restaurants now both times we

Went this was kind of random they were out of their chicken fingers which we were kind of upset because it’s kind of what we wanted to get and I was a little surprised they were out of what I would think would be a pretty popular item on

The menu again if they’re in the position to pay that 6 and a half% dividend that’s pretty good return I I’d like to own individual companies and take my shot on that and I kind of figure driving across the country with your kids Cracker Barrel is going to be

One of those places people stop at I think they’re probably in a decent position to continue to grow and they they fell a bunch over the last year so next on my list is UPS ticker symbol UPS what I like about UPS is they have a

Pretty low PE it’s at 16 and they pay a 4 0.12% dividend my my main concern is as Amazon grows and maybe others will start doing similar where they start delivering their own packages I just worry that maybe they lose market share over time at the same time they’re a

Great name in the the delivery field or category I I think they’ll be around for a long time be able to continue to pay that dividend so it’s something I would have in in a dividend portfolio for sure I I would just keep an eye and I

Wouldn’t get too aggressive on it next on the list is one that that I’ve repeated in a lot of videos a lot of times and I know a lot of people really don’t like it which is fizer it’s ticker symbol is PFE what I like about fizer is

I figure it’s kind of a cyclical stock it’s not cyclical in the sense that it’s in one of those Industries but my guess is it’s a really slow boring company and I’ve been watching the stock market since I was a little kid and you know

Back when I was a kid I used to keep an eye on Sarah Lee well it was such a boring stock but I used to watch it over the years and it would go from like $15 up to 60 it would announce a split after

The split when it got around 30 it would then drop down to 15 or 12 or whatever it was and kind of repeat the cycle I don’t think anything was really going on with the company and that’s how I feel about fizer they’re such a big boring

Slow company I don’t really think things are that great or that bad I think they probably got overvalued in the pandemic with with the vaccine but they’re still a monstrous company that has good revenues and makes good money and they’re they’re paying a 5.84% dividend and the Stock’s Fallen I

Think in half over the past year or so I don’t expect it to be any high flyer but it’s below $30 a share so in my mind if it can pay the dividend and it just drifts up to 34 or $35 without even realizing it that’s

Close to 20% return on the investment in the equity at the same time of getting a 5.8% dividend yeld that’s why I like fizer it’s not that I think it’s the greatest company in the world and and you should buy it because you’re going to just make

Tons of money but I think a good portfolio should have a mix of things that are going to do great and a mix of things that are going to be stable and things like that and my guess is is fiser will be pretty stable now they’ve lowered their earnings projections

Significantly over the past 12 months or six months and I think of course that’s a lot of the reason the stocks drop but where they’ve lowered it too they still make enough money to be able to pay that dividend and I think there’s potential for them to grow and possibly come out

With new drugs or or even acquire some other companies that are profitable so now my next on the list is Cisco ticker symbol is CSCO what I like about Cisco similar to fizer I think it’s out of favor nobody pays attention to it anymore it was a high flyer back in the

Days and years ago but it seems like just one of those stocks that’s fallen out of favor and really doesn’t do a whole lot paying a little over a 3% dividend PE is 15 I just think they’re in the right space that maybe they could end up having some good years and

Growing again and getting back into people’s Vision now Maybe not maybe it’s just a dead horse that sits there but I don’t mind taking a 3% return on something while I see if I get lucky and it turns into something next on my list is the lowest paying of

All of them in terms of their yield which is Caterpillar ticker symbol C8 it’s only paying a 1.75% dividend right now but what I like about caterpillar is even at its highs right now it’s around $300 a share just below it it’s a 17p they make $17.65 cents earnings per share and

They’re only paying out a130 in their dividend so I I think there’s room for that dividend to continue to grow over the years because they’re making so much more per share than what they’re giving out in the dividend not top of what I love about caterpillar is they’re in an

Industry that I just don’t see anybody new coming along and just competing with them who’s going to start making bulldozers and these giant industrial commercial building machines and servicing them and everything else it’s such an expensive industry to start competing in it’s just hard for me to

Imagine some new player in the space coming out there to start competing in their industry so I understand they don’t pay a huge dividend it’s kind of interesting that I added it in my dividend stocks it’s really more that that’s a company that I’ve started to

Really love and I don’t own enough of it so I really would want it in all of my portfolios I I would like to add on to it number nine on my list second to last and remember save my favorite one for last this is an interesting one which is

Verizon the easy the reason I say it’s an interesting one is it’s one of those that that I would call a yield trap you know it pays a 7.1% dividend which I’m sure a lot of people get attracted and go into the stock and it’s been a really

Dead stock for a really long time however I think it’s been dead long enough and it’s still a big player in the Telecommunications field and I read something somewhere where they’re expanding in a certain area and what goes through my head in general is if a company’s expanding and growing that’s a

Really good sign they were hiring a lot of new employees and right now is the time that that a lot of places are firing a lot of employees and I just started thinking well if Verizon is hiring a lot of new employees to start expanding their Network and grow maybe

Something’s good with the company going on and they have a 7.5 PE they make almost $5 per share $4.97 and this is just based off of my E Trade little click so it it might be inaccurate so forgive me if there’s something that one of you knows better

But they only pay 66.5 cents dividend and they’re making almost $5 a share and with a really low PE so the cash coming in is really good which tells me they can afford to pay that dividend and if they can continue to grow or even just

Maintain where they are a seven and a half PE seems really low to me for a company like Verizon have a feeling they’re not going to be just a yield chasing type of company for all that long and and you might see some Equity growth and something that people have

Kind of thrown to the side not caring about anymore so number one on my list and the one that I probably overinvestment service when something is paying that high a dividend but what what I’ve seen when I look at the stock is it used to be trading around $80 a

Share and it naturally like fell down to 40 or 50 and then it announced news that they’re only going to be able to grow their dividend between five and 8% because interest rates have gone up so their borrowing costs have gone up and that plummeted the stock down from 43 44

Down to almost $20 a share 22 or right around that for its low and then this Cort something out in New York that’s a company that does a you know analyzes companies downgraded them as soon as the stock had gone from like 22 or 23 up to

28 and pushed it right back down to 23 Well normally these downgrades like half the time they’re just dead wrong so I saw it as an opportunity to pick up some of the stock because what I heard them say is they’re still able to grow their

Dividend at a rate of five to 8% well that’s really impressive especially considering at the time the dividend was paying 15% when they were saying that so if I can make 15% yield even the 11% and it can continue to grow somewhere between five and 8% as long as that

Information is accurate that’s a company I really want to own and next Tera Energy Partners is like a sister company or an affiliate of NEX Tera energy which is the largest Energy company there is out of Florida so my guess is things are okay and people overreacted to the

Downgrades and them lowering their growth rate and things like that I just think it’s a huge overreaction and a great opportunity now please understand when a stock Falls from 80 to 22 it makes me really nervous that something else is going on that the smart money knows about I’m just hoping that the

Data and the news stories are actually true and there isn’t some other thing going on that’s really causing the stock to fall because if it is just what’s in the news I see it as a huge opportunity I see the equity drifting back up it’s already above 30 where it closed the

Year but if I’m lucky it’s going to be right back around that 445 level that it fell from which would make more sense in in terms of what the dividends paying and then it’ll just slowly grow from there if they’re able to raise that 5 to

8% a year like they’ve said now keep in mind they also had gotten into contract with Kinder Morgan to sell off a big portion of their pipeline which was going to raise a lot of Revenue and they should be able to use that to pay down some of the debt if they’re paying

Higher interest rates on loans either way that gets them out of anything that isn’t renewable energy they focus on solar and wind the deal is far if I read correctly the deal went through and and they’ve already completed it they weren’t supposed to complete it until

March or April well that’s going to free up a ton of cash it was like 11 billion doll like that was kind of what the the nervousness might have been around as well so again like to me this was my favorite one uh don’t follow my advice

This is not Financial advice you guys need to make your own decisions but that was the one that I really liked the best and plugged into the most so I hope you enjoyed today’s video if you have any questions or comments please chime in and again don’t forget if you haven’t

Already hit the Subscribe button hit the like button I did it with no edits too I didn’t even hit stop we’ve been recording for like 17 and a half minutes if you’ve made it this long do me a favor make some comment that I watched till you said if you’ve made it this

Long I’d be super stoked to know somebody sat through this that long I think I’m super boring but I’m so glad you guys are finding it interesting so have a great day have a great holiday if I don’t have time to say hello tomorrow and I’ll talk to you guys soon