Recently I purchased two courses on Gumroad. The first course is entitled Dividend Growth Investing: Make Money In Your Sleep! by Rodrigo Garcia and Dividend Income Empire by Chris Johnson. Dividends are small profits from a company. These profits are rewards for the shareholders. Dividends ensure passive income. Passive income is money that is generated without having to constantly trade your time for it. Passive income provides a lot of money or time upfront.
As a millennial it is no secret that my generated has been plagued by two global recessions and student loan debt. However, as I always say all is not lost. We are in the digital information age which allows many people to reshape their lives. The digital information age is right at out finger tips with smart phones, ipads, etc. We can research the stock market, trade options, and invest in dividends that provides us with retirement money. There are three dividend stocks that can fund one’s retirement for the next twenty years.
I. Universal Health Realty Income Trust (UHT, $71.35) is a real estate investment trust (REIT) that holds seventy one investments in health-care properties across twenty states. Approximately 75% of the portfolio is comprised of medical office buildings and clinics; these facilities are less dependent on federal and state health-care programs reducing risk. Universal Health Realty Income Trust currently remains a financially strong company that accounts for about 20% of the REIT today.
Sector: Real estate
Market value: $982.5 million
Dividend yield: 3.9%
II. 3M (MM, $151.21) is a business that includes more than 60,000 products sold worldwide to a variety of markets, including auto, health-care, electronics, industrial, and transportation. 3M still has paid dividends without interruption for more than a century while rewarding shareholders with higher dividends for sixty two years. 3M is also a diversified product line, healthy line balance sheet. It has a continued cash flow safe for income investors.
Market Value: $87.1 billion
Dividend Yield: 3.9%
III. AT&T (T, $30.01) is a dividend aristocrat. A dividend aristocrat is a company in the S&P 500 that has paid and increased its based dividend for at least twenty five years. AT&T has paid high dividends for thirty six years consecutively. It has been highly regarded as one of the safest dividends and best high-dividend stocks list. AT&T merges its assets to increase, the value of its customer relationships, reduce churn and develop an advertising business and payout ratio that currently sit around the 60% range by the end of 2020.
Market Value: $213.8 billion
Dividend Yield: 6.9%
To get started with dividends I recommend opening accounts with Robinhood and We Bull. I currently use both sites and so far I am getting my first dividend payment next month. It is small but we all must start somewhere. Brick by brick the wealth foundation can be built for generations to come through strategic action.
Wealth Always Reigns Supreme