Since many of you that read my blog are fans of buying high yield stocks I thought I’d make a quick guide on the ten highest dividend stocks within the Dow Jones.
I was originally going to make this a blog post, but it kind of got out of control and much bigger than I intended so I made it into a little ebook. And it’s free of course; you don’t even need to subscribe to download it. (Although if you do decide to subscribe to my blog I won’t say no 😉 ).
Anyway, what’s in it you ask?
Well let’s look at the table of contents shall we?
Chapter 1 – Why Use A High Dividend Investment Strategy?
This chapter outlines why it’s wise to include some high dividend stock within your portfolio. I don’t exclusively buy JUST high yield stocks but I do like to include a few to help balance my holdings and so I’m still receiving income no matter what the market is doing.
Chapter 2 – Using Blue Chip Stocks from the Dow Jones
Using my theory of buying blue chip stocks for stability means you can combine capital gain with income. Win win.
Chapter 3 – The Top 10 Best Paying Dividend Stocks
A list of the highest paying dividend stocks within the Dow, whether they have dividend reinvestment plans and what the stock price increase (or decrease) over the past twelve months has been.
Chapter 4 – Should You Take Cash or Reinvest Your Dividends?
A little summary on whether it’s a good idea to reinvest your dividends or take the check. Most of this chapter was already on my blog here, but I’ve updated it to include the fees for DRIP plans.
That’s basically it and it ended up being a little over 3,000 words with included graphs.
I’ll also be putting this guide up on Kindle, Nook & iBooks over the next few weeks as well. It’ll be free on those platforms, although on Kindle it will start at 0.99 cents since that’s the lowest that independent authors are allowed to list their books (we can’t list it free there initially). However Amazon will price match B&N and iBooks so once it’s up on those two places for free, Amazon will likely reduce it down to $0 (or at least that’s what I’m hoping anyway).
In the meantime you can get the PDF version free here.