These “Dividend Unicorns” Are Set to Hand You 12% Yields, 970% Profits
August 31, 2021 at 05:00 AM EDT
If you’re worried the stock market is too expensive, well, I agree with you. This is why we’re going to discuss my two-step “12% Dividend Plan” today—so we can bank big yields without having to worry about a pullback. Best of all, we can collect this income without having to sacrifice principal. In fact, our nest egg will generate some nice upside in addition to these big dividends. But first, a reality check. A yield north of 12%? How the heck is that possible? I realize it sounds like a pipe dream—especially with the S&P 500 trading at a nosebleed 31-times earnings and yielding a miserly 1.3% as I write this.… Read more