To generate $1,000 per month in dividends, you’ll need to build a portfolio of stocks that will produce at least $12,000 in dividends on an annual basis. Using an average dividend yield of 3% per year, you’ll need a portfolio of $400,000 to generate that net income ($400,000 X 3% = $12,000).
What are the best high dividend stocks?
China Petroleum&Chemical Corp (NYSE: SNP)
Braskem (NYSE: BAK)
Ternium (NYSE: TX)
OneMain Holdings (NYSE: OMF)
New York Community Bancorp (NYSE: NYCB)
Sinopec Shanghai Petrochemical (NYSE: SHI)
Vector Group (NYSE: VGR)
How to identify stocks that pay high dividends?
Dividend yield greater than 3% (indicates high dividend payments),
Dividend payout ratio less than 100% (indicates the Company isn’t paying more than 100% of its income in dividends),
Marketcap over$200 million (more stable companies),
EPS growth greater than 5% (continuing to grow operations),
Which stocks are paying the highest dividends?
Enbridge Inc. (ENB.TO)
TransAlta Renewables Inc. (RNW.TO)
Canadian Imperial Bank of Commerce (CM.TO)
Keyera Corp. (KEY.TO)
Capital Power Corporation (CPX.TO)
BCE Inc. (BCE.TO)
Power Financial Corporation (PWF.TO)
Great-West Lifeco Inc. (GWO.TO)
Power Corporation of Canada (POW.TO)
Exco Technologies Limited (XTC.TO)
What are 10 of the most popular dividend stocks?
Top Dividend Stocks To Consider Investing In Right Now
Intel. Intel is an industry-leading semiconductor company that continues to create life-changing technologies.
Apple. When it comes to top dividend stocks to buy,Apple would not be the first name to come to mind for many investors.