Sunday, 20 December 2015

High Yield Dividend Stocks are every investors dream

High Yield Dividend Stocks

high yield dividend stocks

If you like to invest in shares you will be on the lookout for high yield dividend stocks! These are every investors dream because they give you better interest than you would achieve from a bank account. When I think about stocks best dividends I think about those that give you a return of at least 4% a year. Previously this would not have been considered great but compared to the poor bank interest rates this is fabulous especially if you have the stock in your stocks and shares ISA and therefore do not have to pay tax on any income generated.

High Yield Dividend Stocks that pay monthly

The thing I love about high yield dividend stocks that pay monthly is the fact that you feel as if you are getting another regular income. Over time you can reinvest these dividend payments and grow this monthly dividend income. This would be great for a retirement nest egg. However there seems to be a limited number of dividend stocks that pay monthly.

High Yield Dividend Stocks List

By now you will be curious to know the high yield dividend stocks list but before you run off and invest your life savings please remember to do your own research. Investing in high yield dividend stocks is like all other forms of investing, it comes with risk and it is hard to find the safest high yielding dividend stocks. The ones below are stocks with best dividends and they are from the USA and UK markets.

General Motors (GM) - currently has a dividend of 4.1%.
AT&T - currently has a dividend yield of 5.8%
BHP Billiton has a high dividend yield of 11.47%
Royal Dutch Shell A and B have returns of over 8.5%
HSBS brings in 6.2% in dividends.

Safest High Yielding Dividend Stocks

So what are the safest high yielding dividend stocks? There are a number of ways to look at this. You can consider safest by meaning that the company will continue to trade and pay dividends for a considerable period of time, or you can look at it from the point of view has the company a history of increasing dividend payments. Personally there is no such thing as a safe yield dividend stock as anything can happen to a company almost overnight.

When picking high yield dividend stocks that I consider to be safe I look for a stock whose share price stays fairly stable as well as one which has a good dividend history. If the company has a stable share price with annual dividend increases in my opinion it is one of the high yield dividend stocks.

Monday, 31 August 2015

August 2015 Dividend Income

I would like to inform all my loyal readers of my August 2015 dividend income. This is something that interests most investors along with dividend growth. I only hold 3 dividend stocks and one pays dividends in July, one in August and one in September.

National Grid was August dividend payer and paid me for holding 50 shares on ex dividend date. I received £14.08 in dividend income and £8.85 of this was subsequently reinvested into another National Grid share with the remainder of the money going into my trading account.

I topped up my National Grid shares recently and now hold 97 of this particular stock which means my dividend income will be higher in 2016. The stock has been volatile of late and I might buy more of it should the price dip below £8.40 a share.

How was your August dividend income?

Wednesday, 5 August 2015

Legal and General Dividend Increase

This is just a short post but one which makes me very happy. One of my dividend stocks, Legal and General had a very positive meeting today outlining company profits and as a result raised the interim dividend by around 19% to 3.45 pence per share. This dividend is due to be paid on the 17th September and will enable me to invest in another Legal and General share as well as having some cash left over.

I am also hoping the final dividend payment to be announced in April next year will also increase and enable me to invest in more shares in the life insurance company.

Would you sell your shares if your stock portfolio was worth 2 million dollars

I often ask myself would I sell all my shares if my stock portfolio was worth 2 million dollars? I could retire from my stressful 9-5 job if I had 2 million dollars so why would I hold onto a stock portfolio of such value.

There are pros and cons of selling such a large stock portfolio and I will consider both here. However I might pass the question onto someone who has a stock portfolio of $200 000 and see what their thoughts are on the matter so it is onto Jason from Dividend Mantra.

Firstly the pros of selling such a large holding. The biggest advantage is that you get a large sum of cash into hand. You do not have to worry about the value of the stocks going down and losing you money as you have access to the full 2 million dollars. Secondly it should enable you to escape the daily grind and stresses of a daytime job. This provides opportunities for spending more time with family and pursuing hobbies. These are brilliant reasons to sell your shares but why might you want to hold onto them?

Okay so now onto the cons of selling a 2 million dollar stock portfolio. The worst thing about selling is the fact that you might lose out on a potential gain. Imagine your $2 million dollar stock portfolio was to grow in value to $4 million. How heartbreaking would it be to lose out on so much extra profit. If I was in this position I could not rest easy nor sleep at night!! There is also a chance that you would miss a regular dividend income which comes with a large dividend stock portfolio. You could keep the income for living expenses or you could use it to grow your stock portfolio even more. Finally some people invest in stocks as a hobby. It takes over their life and they become addicted to it so selling everything might make them feel like there is a huge gap in their life!

I have to say that in my current position if I had a 2 million dollar stock portfolio I would definately sell off a a large chunk possibly up to 1.5 million dollars worth so that I could do something more pleasurable between the hours of 9 and 5 as opposed to work. This amount of money would enable me to never have to worry about money again.

I do hope that Jason maybe constructs a post on how big he would like to grow his portfolio and whether he will ever sell all or most of his stock portfolio.

Saturday, 1 August 2015

I am still saving hard and investing

I have not been online as much as I am looking after my newborn daughter, however I am still saving hard and investing. Obviously my income is down drastically as I am on maternity leave but this just means I have to make my money work harder.

Last week I was fortunate enough to reach Royal Mail dividend income. I recently sold lots of my Royal Mail shares so my dividend payment was much less than previous payments, however the dividend income was enough for me to invest in 1 more share. My total holding now is 43 which is rather pitiful but better than nothing.

I still have some National Grid shares and will be receiving a dividend payment on Wednesday 5th August, and some Legal and General shares which will pay me dividends in October. I will be reinvesting all these dividend payments back into these stocks in order to grow my holding.

Wednesday, 1 July 2015

Saving money on my car insurance with the help of moneysupermarket

Any shrewd investor knows that the more money they save the more money they can put towards investments. Investing in dividend stocks helps you grow your money so it is only natural that when my car insurance expires in just under a month I should go searching for cheap car insurance quotes.

I always find Moneysupermarket to be very useful when looking for quotes despite the fact that I normally end up going with my local broker anyhow. At least the quotes give me a good indication of the fee I should be paying.

Last year my car insurance premium was around £265 so I am glad that it looks to be coming in cheaper this year at less than £200 and this is with me adding my husband as a named driver. However I need to be careful because some of the online quotes do not include essentials like protection of no claims bonus.

My current broker has not sent details of this year's car insurance premium but I did get a chance to visit another insurance broker in town and I pushed them hard for a good price. Of course they delay giving you a quote and then slap you in the face with a really high price which makes you think no chance. When you tell them you are not interested they pretend that they have to try really hard to get you a better quote.

The broker did come up with a quote of £250 and she said it was eating into her commission to give me such a good price. It is just over £50 more than what I was being offered online but it has extra benefits such as free courtesy car and breakdown cover which I never normally have on my policy. I decided to tell her I would think about it and get back to her in a few weeks. When I do phone back I will be asking for another discount but I do feel the price is reasonable as I had budgeted £300 for my car insurance.


Sunday, 28 June 2015

RateSetter Cashback Offer July

RateSetter is my favourite peer to peer lending company because they offer high lending interest rates on the money you lend as well as having an option to lend your funds for as little as a month. I thought I would let all my loyal readers know that they are offering cashback on new money invested from 1st July to 14th July.

You can get £25 cashback on an investment of £2500, £50 cashback on an investment of £5000 and £100 cashback on an investment of £10 000. I think this is a reasonably generous offer and has come back as lending rates are high due to lack of funds for borrowers. I am guessing the extra money added will mean more cash for borrowers and slightly reduced lending rates.

The money invested can go towards 1 year, 3 year and 5 year loans but not one month loans and the cashback will be paid within 28 days of the end of the offer, which means by the 14th August.

Are you a member of RateSetter? Will you be taking advantage of this offer? I have to say I have to decline as my funds are going other places right now.


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