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Winning in the Year of the Improbable

The word “improbable” is defined as not likely to be true or to happen. Have you noticed how many events have happened in 2016 that were improbable? The Cleveland Cavaliers were trailing 3 – 1 in the NBA Finals but rallied to win the first world championship for the city of Cleveland. Last night, the lovable losers, Chicago Cubs, completed a 3-1 rally to win the World Series. It ended a 108 year drought in Chicago for the Cubs. Now, this is an improbable event. There have been others such as the surprise Brexit vote that tanked markets a few months ago. What’s next? Does Trump win the presidency?

The stock markets have pulled back in the last week due to uncertainty around the election coupled with projected FED interest rate increases. Today, a talking head on CNBC was calling for investors to sell everything as the market is ready to crash! I have seen these types before and they don’t scare me. I plan to stick to doing what my investors do best – sell options for income.

Yes, markets will pullback when they lack clear direction. But I have some downside protection by selling options and continue to reap income along the way. If I just sit in a long stock position, its value will fluctuate with the market. I prefer to create income each month regardless of the market direction. I sell call options on the stock I own for both income and protection. When the market rebounds, I will sell put options for additional income too.

With this strategy, there is no improbable event. You get paid when you sell the options and can continue to compound your income.

You don’t need to worry about the next improbable event – join the Millionaire’s Club today.

Bullish Stocks Increasing Dividends

A diverse group of companies have increased dividend payments in recent months, often to bolster investors’ confidence in their overall business prospects.  Here are companies increasing dividends with a bullish or better outlook indicating a buy rating.

Cardinal Health, Inc. (CAH) operates as a healthcare services company that provides pharmaceutical and medical products and services. The company operates in two segments, Pharmaceutical and Medical.  CAH announced that its board of directors has approved a 10.5 percent increase in the company’s quarterly dividend to$0.2375 per share, or $0.95 per share on an annualized basis.  The regular dividend is payable on July 15 to shareholders of record on July 1. CAH has paid a $0.215 per share quarterly dividend since July 15, 2011. This is the 111th consecutive regular quarterly dividend.  The new dividend yield is 2.22%.  CAH has a 5-year average annual dividend growth of 21%.  CAH has an equity summary score of 9.3 out of 10 for a VERY Bullish Outlook.

Domtar Corporation (UFS) engages in the design, manufacture, marketing, and distribution of fiber-based products in North America. The company operates in three segments: Pulp and Paper, Distribution, and Personal Care.  UFS announced that its Board of Directors has approved a 29% increase to its quarterly dividend (from $0.35 to $0.45per share) on its common stock.  The Board of Directors declared the dividend payable on July 16, 2012 to stockholders of record as of the close of business on June 15, 2012.   The new dividend yield is 2.13%.  UFS has increased its dividend 80% since 2010.  UFS has an equity summary score of 8.6 out of 10 for a Bullish Outlook.

AMETEK, Inc. (AME) manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. The company operates in two segments, Electronic Instruments Group and Electromechanical Group.

AMETEK, Inc. (AME) announced its Board of Directors has declared a three-for-two stock split and approved a 50% increase in the quarterly cash dividend on its common stock.  The three-for-two split of its common stock will result in the issuance of one additional common share for every two shares owned as of the record date.  The new shares are payable on June 29, 2012, to shareholders of record on June 15, 2012.  Any fractional shares resulting from the stock split will be paid in cash based on the closing market price of AME stock on the record date. By splitting its stock, AME expects to broaden the stock’s marketability and improve its trading liquidity.

After reviewing the Company’s strong financial position and future expectations, AME’s Board of Directors also has decided to increase the quarterly common stock dividend 50%, to an indicated annual rate of $.36 per share ($.24 per share on a post-split basis).  The Board of Directors declared the second quarter dividend of $.09 per share ($.06 per share on a post-split basis), payable on June 29, 2012 to shareholders of record on June 15, 2012.  The new dividend yield is 0.72%.  AME has a 5-year average annual dividend growth of 17%.  AME has an equity summary score of 7.5 out of 10 for a Bullish Outlook.

Barrick Gold Corporation (ABX) engages in the production and sale of gold and copper. The company has a portfolio of 26 operating mines, and exploration and development projects located in North America, South America, the Australia Pacific region, and Africa.  ABX announced a 33% increase in its quarterly payout to 20 cents per share. The new dividend will be paid June 15 to shareholders of record as of May 31. The new dividend yield is 2.11%.  ABX has a 5-year average annual dividend growth of 29%.  ABX has an equity summary score of 7.7 out of 10 for a Bullish Outlook.

 

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