Yes, there was a strong rebound off the October lows, which is classic market action. Almost textboo...
Get 2 Dividend Checks Every Month
07/04/2013 8:00 am EST
In Standard & Poor's The Outlook, Beth Piskora shows how you can create a portfolio that pays dividends twice each month using a few as six stocks.
Investors looking for regular income from their investments generally want that income to be paid out regularly throughout the year.
To help investors accomplish this, we've grouped 18 stocks according to the dates on which they usually pay quarterly dividends. By purchasing just six of these issues-one in each time slot-you would receive two dividend checks per month during the course of the year.
All the stocks in the table are ranked four- or five-STARS (our top two buy ratings) for expected above-average price appreciation over the next 12 months. We've gone one step further, and identified how many shares to purchase in order to receive monthly income of about $100.
As an example, you could buy 100 shares of Baxter, 40 shares of Essex Property Trust, 40 shares of Kinder Morgan Energy Partners, 215 shares of CVS, 80 shares of ExxonMobil, and 50 shares of Chevron.
At recent prices, the six-stock portfolio would cost $43,980 (before brokerage commissions) and provide annual income of $1,197. That's a yield of 2.7%, higher than the recent 2.1% yield on the S&P 500.
More from MoneyShow.com:
Related Articles on DIVIDEND
It may feel like the sky is falling. But not everything is going down. Here are three great safe inv...
Yieldcos are companies that own renewable power production assets such as wind farms, solar energy f...
My strategy for getting through the next bear market and surviving until the next bull is to own hig...