How to Find High Paying and Safe Dividend Stocks

Learn how to find the highest and safest dividend paying stocks. Don't let the current market scare you from making a monthly income from dividends! Learn how NOW!

Difficulty: Easy

Instructions

1. Dividend yields are at an all time high. The first method to finding high paying and safe dividend stock is MSN Money’s Deluxe Screener (moneycentral.msn.com). Look for stocks that consistently increase their dividends year after year.

2. Another great website is dividendinvestor.com. Simply enter the symbol for the stock you are interested in and this website will show you TONS of valuable information. Some examples are: Dividend Yield, Dividend AllStar™ Ranking, and Consecutive Dividend Increases.

3. Try to pick stocks that are big, well known companies. These are usually referred to as "Blue Chips".

4. You can obtain, free of charge, a list of 800 dividend-paying stocks from Harry Domash's Dividend Detective. Do a google search to receive your free report.

5. You can also purchase a mutual fund or an ETF that holds nothing but stocks with high dividend yields. These are a great option if you do not want to do the research to find a safe stock. Buying a mutual fund or an ETF that has high dividend yield stocks will help you spread your risk over several stocks while maintaining a high dividend yield.

Tips & Warnings

• Only buy safe stocks
• Do a lot of research before you pull the trigger on a stock.
• Be wary of stocks that have a suspiciously high dividend yield.

[rickmac]

on 6/2/2009 Good advice. I like ETFs as a safe option too.