3 Simple Steps to “Recurring” Dividends That Grow Every Year (Forever)
February 16, 2021 at 04:00 AM EST
Today we’re going to discuss the secret to double-digit annual returns every year, forever , with secure dividend stocks. It’s simple but not easy. Here’s the hint. We must seek out hefty recurring payouts from stocks with dependable recurring revenue! It’s one of the oldest business models there is, and it’s hands-down the best setup for us dividend investors: customers pay every week, month, year or whatever, giving a company predictable—and ideally growing —profits. They then send those profits our way as predictable—and growing—payouts! Plus, many of these firms buy back their own shares too. Which, in turn, makes each share we own more valuable on a “per share” basis.… Read more