7 Highest Paying Dividend Stocks for Cash Flow

That monthly dividend stocks video was one of the most popular on the channel but you told me in the comments, you wanted MORE! You wanted higher dividend yields and more cash flow from your stocks. So in this video, I’ll reveal the seven highest paying dividend stocks in the market. I’ll also show you how to find the best dividend stocks to buy and some of the traps to avoid. Then towards the end of the video, I’m sharing a cash boosting strategy that can increase your dividend yield on any stock by double-digits.

I’ll be counting up through the list of high yield dividend paying companies, all the way up to one stock that pays a 27% dividend yield. Now understand, you’re probably not going to make much if anything on the share price of these stocks. In fact, sometimes the share price falls on stocks giving so much back in dividends. The dividend will make up for it though and you’ll earn that cash return.

A couple of things you need to remember about high yield dividend stocks. Just because it pays a 20% dividend or higher doesn’t automatically mean it’s a good stock. Some of the highest paying stocks are that way because the share price has fallen so quickly but the dividend payment hasn’t been cut…yet! Please do your research into these companies to make sure you want to invest in them.

Always check the price history and the series of dividend history on your stocks. That will show you if the dividend has grown or been cut regularly. It will also help you estimate the total return on the shares, which may be lower than the dividend yield if the share price is falling.

If you like dividends as much as I do…and I know you do, you won’t want to miss these other dividend investing videos.

I love the cash boosting strategy I share in the video and not only will it increase your dividend yield but also helps to lower risk in your stock picks. It’s called the covered call strategy and involves selling call options to collect an instant cash payment. I’ll give you the basics in this video but click on the link above to get the details.

My Investing Recommendations 📈

Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#dividendstocks #stocks #income

[fran]

It doesn't matter to me if a company pays monthly or quarterly. As long as I have invested in enough companies collectively that adds up to the amount I want to live off of each month. I'm good!

[hansschotterradler]

Some of these tanker MLP's looks appealing.
I bought ABR an MREIT a year ago for $3.96/share, it had a yield of over 30% because it pandemic-crashed. Now it's trading for over $17 and the yield normalized to 7.7%.

[rellysunshine]

You down with OPP? Yeah, you know me!

[InfoSecSeeker]

Hey Joseph, I was wondering if you could do a breakdown on funds like QYLD and JEPI? My dad is getting closer to retirement and I was considering looking into these covered call based etfs to add to his dividend funds. I would love a deep dive into these and to hear your opinion!

[georgioslykakis]

I'm watching this video after 2 months of it's release and I'm sooo glad I didn't watch it on time and didn't buy any of those stocks lol.

[allthingsinvestingandfinance]

Congrats on 400K subs. Been watching for a while and it's been great to watch the Bowtie community grow!

[robbybee]

covered calls are the greatest thing I have ever heard of, and dividend paying stocks are the second greatest!

[williambray]

It’s okay if you don’t agree with this type of investing. Many of us do agree. I put in about 80k, I have 20 positions in high growth stocks. I’m getting 15 divided Pay checks, however I’m up 135% this year. About 450k this yr. good dividend paying portfolio. Although I use an F.A so buy as much as you can and wait for the rebound only the brave gets rewarded in these times!

[Mark-wqwd]

"yeah you know me" dang it, man have not thought of that for ages.

[stevenrichards]

I am so thankful for this video and also Minority Mindset as well among a few others. So I changed my strategy in March and now I have earned over 21K in dividends, equivalent to working a second job at $21.46 per hour. I have already put in an order for OPP, as the ex-date is Tuesday 6/15. Also you posted this video on my birthday, so I am pleased with my present.

[xz]

many of these securities stopped paying dividends before this video was uploaded. latest ex-dividend dates are as of Sept 2020 or Jan 2021. Just because it has high yield, doesn't mean you will receive that yield if you invested in them today. don't be fooled

[foxmeister]

Monthly is great, but I prefer the higher dividend. My plan is a mix of both :)

[annyacosta]

Hi. My favorite kind of video 🥰. I bought as much as I could yesterday on discount so today I did so great and sold some today 🤗.

[MrRossharrell]

I work a full time job that pays weekly, so im less concerned about regular payments and more concerned about bigger payments regardless of when they pay out

[betsyortiz]

Down with OPP! What a flash back! Thanks for the laugh! Also thank you for your continued dedication and insight! Another fabulous and most educational video. I was super excited when you mentioned covered calls on these. I already own ORC and have done covered calls a couple times successfully!

[SunMaximus]

I really find this very educational and entertaining, hope you make a part 2 for the 2k Rent, of the companies you could not list because of time constraints. Thanks for all the work!!! I just bought the 7 stocks already!

[bonesawisready]

Great info, although I feel like you should have mentioned that quarterly dividend stocks don't all pay out the same months. So you can diversify your quarterly dividend payers with which months they pay out and still get a relatively consistent amount of dividends overall every month.

[MichaelHradek]

I don’t ever want to lose equity. I’d sacrifice cash flow to ensure I’m not losing value.

[gritngravy]

Whatever makes the most money in a year is the most important to me. I can always save the money and set a spending budget per month as if it was monthly as well.

[virgilfisher]

As a farmer, I see things in seasons and years, monthly cash flow is not as important as annual growth.