Written by Getting Started with Dividend Investing for Long-Term Growth
- What is Dividend Investing? Dividend investing involves purchasing stocks that pay dividends to provide a consistent income stream while growing your capital.
- Benefits of Dividends: Dividends can be reinvested to purchase additional shares, compounding your returns over time, and offering passive income.
- High Dividend Yield Stocks: Look for stocks with higher dividend yields, but ensure they have stable financials and are able to maintain dividends.
- Dividend Aristocrats: These are companies that have consistently increased their dividends for at least 25 years. They are often seen as reliable investments.
- Tax Considerations: Be aware that dividends are typically taxed at a higher rate than long-term capital gains, so tax-advantaged accounts can be beneficial.
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