In this uncertain economic time people are looking everywhere for a quick buck but with high return comes high risk. Below is a list of stocks that I like due to high dividends and their ability to outperform the market. If a company is paying dividends it normally means it has high cash reserves or are financially strong. The key to dividends is reinvesting them into the company because getting paid $.50 per share every quarter isn’t going to cover your monthly bills. However if you reinvest those dividends and wait for 10+ years you will have accumulated many more shares then your initial investment. Other companies contained in this list I think will out perform the market due to historical performance as well as promising strong financial future.
Div.
$1.4 American Capital Agency Corp (NASDAQ: AGNC)
$.65 Invesco Mortgage Capital Inc. (NYSE: IVR)
$.82 Sandridge MIssissippian Trust (NYSE: CEL)
$.22 Mesa Royalty Trust (NYSE: MTR)
$2.52 BP Prudhoe Bay Royalty Trust (NYSE: BPT)
******* Southside Bancshares Inc. (NASDAQ: SBSI)
$.36 Sabine Royalty Trust (NYSE:SBR)
******* Ford Motor Company (NYSE: F)
Even though the above companies do currently have dividends there is no guarentee of future dividends. As always, invest as an investor not on a speculative basis. Best of luck!
Cheers!
*Maxwell Rash is not a financial adviser. The information contained in the article is only personal opinion. Maxwell’s portfolio does include shares of Ford Motors and American Capital Agency Corp.***