12 Dividend Stocks that Put Cash in Your Pocket EVERY Week

being a parent can feel like being turned into an atm machine each week with new requests for money but i've got a secret weapon a portfolio of 12 dividend stocks that puts cash in my pocket every single week 12 stocks to keep the cash flowing in this video i'll show you the 12 stocks in that dividend stock portfolio explain how this strategy works and how to use it for cash flow every week hey bowtie nation joseph hulk here updating one of the most popular videos on the channel with a new list of dividend stocks that will pay you every week imagine that knowing you've got cash flow coming into your account every single week money you can count on to pay the bills or just relax a little these 12 stocks i'll show you today can produce a 6.2 average dividend yield that's three times the yield on the overall stock market we're getting started but before we do you know i've got to send that special shout out to all you out there in the nation thank you for spending part of your day to be here if you're not part of that community yet just click that little red subscribe button it's free and you'll never miss an episode our first dividend stock is one of the largest financial companies in the world jp morgan ticker jbm for its 3.15 dividend yield now that dividend yield is actually lower than most of the stocks on this list but i do like the bank for its valuation and stability of cash flows jp morgan manages over three trillion dollars in assets in its wealth management segment and booked 12.2 billion dollars in revenue in the first quarter in consumer banking alone and one thing you'll notice in this dividend list that i've tried to pull stocks from different sectors and industries you see the problem with dividend investing is if you just chase those stocks with the highest dividend yields you're going to end up with the stocks only in a few industries like real estate business development corporations and energy and that is going to leave your portfolio at your dividends in danger of a crash if anything happens to those particular industries so even though stocks in some of those industries like traditional banks aren't going to pay the highest yield you want to include a few of these for that dividend safety and diversification here's the dividend information for these shares and i'll show you how to find this in a minute jpmorgan has doubled its dividend over the past five years and typically goes ex-dividend in the first week of january april july and october the average analyst target of 159 dollars per share would mean a 27 return over the next year on top of that 3 dividend yield and the high target puts it at 200 each from the lowest to one of the highest dividend yields with global net lease and it's 10.5 percent yield now gnl is unique among real estate investment trusts in that it has that diversified international portfolio most streets are almost exclusively us focused but here you have over 309 properties more than 39 million square feet across the u.s canada and europe now properties have a 99 occupancy rate which is extremely high and that's spread out over 138 tenants in 51 industries so you've got that diversification you need not only geographically but your risk is spread out so that a crisis in any one industry isn't going to hurt the stock i also like that 54 of the portfolio is in the industrial and distribution segment which is a huge growth market for real estate right now and i believe that office property is probably going to surprise higher as we move past the pandemic so so 42 weight here could further support the shares these shares usually pay their dividend in the second week of that january april july and october schedule now i'll explain how i put this dividend list together later but you're going to see as we work through i'm finding stocks that pay in specific weeks of specific months to fill out our calendar for cash flow every week the average analyst price target for global net lease is at eighteen dollars a share so you've got a potential for a 21 upside on top of that dividend and this is one of my favorites for a long term cash flow now understand for this video i am just focusing on those 12 dividend stocks to buy for that weekly cash flow for a step by step to creating that portfolio where you can live off your dividends i'm going to link to another video in the description below so make sure you check that out gladstone commercial corporation ticker god is a favorite here on the channel not only for its 6.6 dividend yield but because it pays out on a monthly basis so you're gonna receive that dividend every month around the third week so with this one and another monthly payer in the list you're going to be doubling up on your dividend check in two weeks of each month the company owns more than 15 million square feet at 122 properties in 28 states across the u.s leases are spread across 106 tenants in 19 industries so also extremely diversified occupancy here has held at 96.6 percent and the average lease term of seven and a half years means even a more severe recession should support the rent the average analyst price target is only for about 12 percent higher but that's on top of that solid dividend and a stable cash flow stock we've been following conagra brands ticker cag on the channel for a few years and for its 3.5 dividend yield the company is a leader in the frozen foods and snack categories with market share positions in several top brands shares of food companies have been hit hard over the last year on inflation but are now starting to produce higher earnings and are in value territory conagra is trading for 16.8 times on a price to earnings basis a 10 discount to its five-year average shares go ex-dividend in the fourth week of that january april august and october period and analysts have a target price as high as forty dollars per share with an average at thirty six dollars each we've still got eight more dividend stocks to round out your portfolio and produce those weekly dividends but i wanted to explain a little how this works and we're gonna start with how dividends are paid with dividend stocks there's three dates you need to know about if you're going to be investing in these these are the declaration date the x dividend date and then the payment date i'll show you what each of these means and how to find them for a stock the declaration date is when the board of directors of a company announces that dividend here they're also going to tell investors when the other two dates occur the great thing about dividend stocks is that most of them try to stay extremely consistent with these dates and declaring a dividend in the same week every three months and every year and that gives you as an investor the opportunity to create a portfolio like this one a portfolio of the right stocks that is going to schedule a dividend payment every week the most important date for dividend investors is called the x dividend date now that is the first day the stock trades without the dividend now pay attention to that it means you need to own the shares on the day before that to get the dividend so everyone that owns the stock at the close of the market on the day before the ex-dividend date is going to get paid if you buy the stock on the ex-dividend date or after you're asked out so make sure you understand this if you buy these stocks last here is the payment date and that's usually going to be a couple of weeks after the ex-dividend date but it may still be a week before that money hits your investing account now most of this won't be a big deal if you're going to buy these stocks and then hold them for years because that dividend date is going to come around every three months like clockwork and you're going to get the payment in your account the only time it's going to matter is if you're adding or selling your stocks in the account next on our dividend stocks list is new york community bank court ticker nycb for its 6.8 yield one of the highest in banking the bank is a leading producer of multi-family loans in new york with 50 years in the market and is aggressively expanding nationally with its flagstar bank acquisition announced last year it now has over 400 branches and 87 billion in assets across eight states the stock here goes ex-dividend in that first week of the february may august and november period so it's going to hit your account about a month after i'm watching bank stocks closely this year because as interest rates climb higher this could be one of the only industries to actually benefit a higher rates mean banks make more money on their loans and nycb already books excess capital generation of 500 million dollars a year after paying the dividend to be fair the share price hasn't done much over the last few years but now trades for just .72 times on that price to book value well under where most banks are trading and firmly in value territory the average analyst target of 13.75 cents a share is more than 38 higher on top of nearly 7 percent dividend arbor realty trust ticker abr is another strong real estate company with an 8.25 dividend for our list arbor is a direct lender to multi-family senior housing and healthcare and other commercial real estate properties multi-family projects make up about 83 percent of the portfolio so that's a little on the high side but these are all agency-backed loans so definitely the safety that you want to see in a mortgage reach arbor has grown that dividend by 16 annually over the last five years on sales growth of 20 percent a year with the rise in residential prices rents on multifamily should be rising as well and loan growth should continue higher the stock goes ex-dividend usually around the middle of the month in february may august and november though this one isn't quite as consistent as the others it's why i also wanted to include a few monthly dividend stocks in our list just just to make sure we double up on some of the weeks for safety analysts have a target price of just under 21 dollars a share which would be almost a 20 percent upside to that current price our first utility company on the list southern company ticker so pays a 3.6 percent dividend yield the company operates as a regulated electric utility serving more than 4 million customers in georgia alabama and mississippi along with 4.4 million customers in natural gas southern is one of the most aggressive in the utilities industry for its push into clean energy in 2000 nearly 80 percent of the company's electricity generation came from coal today it's just over 20 and the company is pushing further into nuclear natural gas and renewables than anyone else now like a lot of the banks the utility companies don't pay the highest dividend yields but it's important to get that diversification adding a few of these to the portfolio the stock goes ex-dividend in the third week of the february may august and november period the shares have jumped recently and analyst targets are only for about 73 dollars each on average but but i think this one continues to produce that stable return along with the dividend newell brands ticker nwl is another dividend stock i picked for its stability and that cash flow that produce a 4.1 percent yield and newell is way more than just this rubbermaid brand with over 25 brands and 10 billion dollars in sales across 10 countries it's a strong consumer goods leader with some international diversification for your portfolio shares go x dividend in the last week of that february may august and november period and the average analyst target of 28 dollars a share leaves room for a 22 upside to the price we've still got four more dividend stocks on our list but i wanted to make sure you know how i found these and how to use the strategy like we've talked about the dividend stocks payout each year on extremely consistent schedules dividend investors love that certainty and the consistency so directors of these companies try to declare and pay those dividends on the same week every three months even some of them on the same day that means you can put together a list of your top dividend stocks and then all it takes is going to a site like yahoo finance or or any investing platform you go to the stock and here i'm gonna use the historical data tab i can change the time period over to the last five years and over here to show dividends only then the site is going to show me the x dividend date of every dividend payment over the last five years and you can see these are consistently the same time during the same months shares of apple go ex-dividend generally towards the end of that first week in february may august and november so once you have that list of when your favorite dividend stocks go ex-dividend you can plan it out so you have stocks going ex-dividend at different weeks of the month this of course means that you're gonna get those payments about one month after each now do understand that companies can change these dates so you need to watch and adjust this if you notice your dividends are off which is why i like to include some monthly payers as well this is a just a great way to make sure you've got cash flow that you can count on though back to our dividend stocks list and devon energy ticker deviant has been one of my favorites in the energy space for years now paying a 7.3 dividend yield devin is a leading oil producer in three states north dakota texas and delaware with oil spiking over the last two years these assets have become cash flow machines and like most oil companies right now devin is choosing to return that cash to their shareholders rather than acquiring assets at higher prices free cash flow quadrupled since its merger with wpx last year and it's forecasting even stronger cash flow this year at 95 per barrel oil well under the current price the company is going to grow free cash flow by 17 this year and prices could fall to thirty dollars a barrel before the company is operating at a loss this all helped devon increase its share buyback program to 1.6 billion dollars nearly triple what it bought back last year and continue its history of dividend growth not only does devon energy pay strong seven percent dividend yield but it's increased it from just six cents to one dollar a share in the last five years an increase of nearly sixteen hundred percent it's going ex-dividend here in the first week of march june september and december period now i was actually surprised looking at the analyst targets here with an average price of 72 dollars a share or 28 percent higher with that recent surge in oil prices and this stock i wouldn't expect that much upside price potential but it's going to be a strong dividend payer anyway camping world holdings ticker cwh is another stock we highlighted recently on its huge dividend growth and now paying a 9.6 yield while the stock price has been volatile dividend payments from cwh have increased steadily from just over seven cents a share in 2017 to 62 cents each for a 756 percent increase over the last five years it's going ex-dividend around the second week of that march june september and december period the company has been serving rv consumers since 1966 through its network of dealers and service centers and has booked 14 annualized revenue growth since 2016. new vehicles make up about half the revenue but it's also got a good source of recurring revenue here with these services finance and insurance programs the company controls a 20 market share in the rv market a commanding lead in a market that's growing by 10 percent a year between retirements and the baby boomer generation and the trend to rv living with some of the younger generations more than 11 million u.s households now own an rv this one also has one of the highest potential upsides in our dividend stocks list with an average target of 42 dollars each or about 64 return from here and this next one is a controversial one but altria group ticker mo is hard to pass up on its 6.5 dividend and stable cash flows now while cigarette volumes are on a downward trend pricing has kept up so the company's cash flows are extremely stable and plus it's got those moonshot investments and vaping and cannabis that are going to help the business grow in the future for example the company has a 1.8 billion dollar stake in cannabis company kronos group that that gives it a 45 share of the company basically setting it up for a future acquisition it also owns 10 percent of the anheuser-busch company which gives it that steady growth into the alcoholic beverage market shares go ex-dividend around the third week of the march june september and december period with with the dividend coming in a few weeks after analysts aren't quite as bullish on the stock though with an average target of 55 a share right around the current stock price it's not a stock that's gonna make you rich but that high dividend yield is one of the most stable on the market realty income ticker o is one of the most popular dividend stocks among investors with a monthly payout and a four percent dividend yield realty income has 50 years of operating history and owns over 6 000 properties in 49 states puerto rico and the united kingdom and even though 83 of its rental revenue is from retail spaces i'm okay with this one because it's diversified across some of those safer types of retail property like convenience dollar stores drug and grocery lease terms average nine years and occupancy has never been below 96 for the properties rent growth isn't terrifically strong at around one percent annualized but but it's consistent and it supports the dividend that dividend isn't the highest among reits but investors love the monthly payouts and the company has reported 88 consecutive quarterly increases now that four and a half percent annualized dividend growth has beaten the 2.9 average for reits so expect this one to just keep on paying it's going ex-dividend in the last week of the month which means you know you'll always have a dividend check coming to cover the first of the month's rent payment now if you want to see more of these monthly dividend stocks i've got another video highlighting my seven favorites that are going to help you pay the bills i'll link to that in the description below here's the entire list of dividend stocks 12 stocks that will produce a dividend check every week of the year this dividend portfolio will produce a 6.16 cash payment and they're consistent enough that you can count on now nation i do want to warn you here though these are solid dividend paying stocks that will not only put cash in your pocket but help grow your portfolio but they can't perform miracles i'm gonna get a lot of questions and comments on the video asking how much to invest to make like a thousand dollars a week and people aren't gonna like the answer you cannot put a thousand dollars in dividend stocks and expect to retire on it let's be realistic here folks even a ten percent yield on a hundred thousand dollars in stocks is only about eight hundred and thirty dollars a month and most safe stocks that are good investments aren't going to pay even that much i have over half a million dollars in dividend stocks and collect nearly 500 a week just in those payouts but but that's money i worked for and saved for over 20 years why i picked the stocks in this list is because they increase their share price along with the dividends they do it consistently and you're going to be able to grow that into a great weekly dividend check click on the video to the right for a step by step to creating a dividend portfolio you can live off how to create a dividend snowball that pays the bills don't forget to join the let's talk money community by tapping that subscribe button and clicking the bell notification

Channel: Let's Talk Money! with Joseph Hogue, CFA

Views: 572,600

Keywords: dividend stocks, dividend investing, dividends, live off dividends, high dividend stocks, how to live off dividends, dividend stock portfolio, can you live off dividends, dividend stocks to buy now, dividend stocks for beginners, dividend investing for beginners, dividends for beginners, dividend income, best dividend stocks, list of dividend stocks, top dividend stocks

Id: 5kUo7JdaVMI

Length: 17min 52sec (1072 seconds)

Published: Wed May 11 2022