Happy Wednesday Everybody!! Make sure to leave your $0.02 in the comments! Are you a MONTHLY DIVIDEND STOCK kind of guy or no? Which ones do you currently own? *Protect your online privacy and security NOW with a free 14-day trial from my sponsor Aura: aura.com/averagejoe*
video idea: Simulate the performance of 3 portfolios, one comprised only of monthly dividend stocks, one with only quarterly, and one with a mixture (the juicy bits will be how you determine the mixture) across periods of 3,5, and 10 years (might be the wrong time lengths, but you get the idea).
Honestly, I'd rather see the mixture portfolio left out. If each dividend payment is dripped back into the same security that paid it (using SCHD dividends to buy just SCHD, KO dividends to buy just more KO shares, etc), then you're not really gaining any insight about mixing those payout schedules. The only help analyzing that type of portfolio would be is if you're planning on NOT reinvesting the dividends, or parking them in a core account and then buying shares from that core at a different rate than each stock's individual dividend payout would allow (pooling both SCHD & KO dividends, but only buying one of them for example). Personally I'd rather see the monthly and quarterly portfolios like you originally suggested, but have the last one be more directed at dividend growth stocks. Everybody says high rate stocks lose out to growth stocks over 20 or 30yrs, but nobody really shows how they do head to head on a shorter timeline - especially if you're comparing what happens when you're making regular additional contributions across all three portfolios, like most people would typically be doing for a retirement account. For most people, you're not going to have $10k lying around to just invest unless you're moving a retirement acct (from changing employers for example), in which case you're probably still working and probably still needing to continue contributing to that acct regardless of which brokerage you move it to for your new employer's 401k.
Some results are surprising, thanks! Did you account for MAIN supplemental dividends? They have a long history of paying them and account for a nice boost to the income and returns.
There were some CEFs in this one. I believe I saw the 4 CLO CEFs which are OXLC, ECC, OCCI, and XFLT. Also, there were some BDCs in this and I read that BDCs are types of CEFs.
Gain is a great stock. The missing part in this video (what I can see) is that extra dividend is not calculated in. It might be but is not shown and GAIN has had ALOT f these every quarter. Of of which are quite large compared to their regular dividend of $0.09 as of december 2023. Adding the normal dividend and the extra dividend and you're looking at arouned 10.5% yield and not just 6%. That is a major difference in the long run.
Good video, Joe and congrats on getting a good sponsor to back you -- Aura is a great product! Did you declare a winner in the video? It seemed like GAIN was the winner, but you didn't say so? I've been in GLAD and GAIN since 2019, and love both of them. I used to be in STAG and O, and as this video shows, neither of those companies really are overall champs. There are better investments out there. I think you should do a comparison between GAIN and Best Buy -- same criteria as before -- same time period -- and which one performed better?
I appreciate that feedback. I’ve had people say in the past that “Of Course the index beats this. They’re different types of investments… “ I DO AGREE though it’s helpful. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
In most cases of dividend investment the most important part is your income growth not your portfolio value(you are not suppose to sell your shares but snowball your income every year unless if its an opportunistic sell)... For capital value, you are going all in for 100% growth stocks with 0 or peanuts dividends.
Hello everyone, I'm new to this and was wondering how dividend percentage works. For example if a company's stock dividend percentage is at 12% and they pay monthly dividends does that mean they pay 12% a month? so $120 paid per month for $1000 worth of stocks or is it 12% for the year divided into 12 months so in this case 1% a month so $10 paid per month for $1000 worth of stocks. Thanks for your help
Hey Joe, Should I roll or leave it? I have 1 contract call option on NVDA at $260 expires 6/21/24, my cost based at $180, current price way higher. Huge loss. Does it make sense to roll, Just don't know what best to do?
In theory, all else equal, as long as dividends are reinvested, monthly will compound at a faster rate than quarterly…but as you found, not many monthly payers are worthwhile. EDIT: As some have noted, MAIN regularly pays special dividends. So does GLAD. It might be worthwhile to include those in case you didn’t.
@Investor-joe go away apparent scammer...no way the true Channel Owner average Joe' investor is attempting to contact any viewers. Like they say "a fool and their money are soon parted". My mother died not raise a fool (except perhaps my brother - but do not tell him I said that 🤣) Take those digits of yours and put them where the sun does not shine 😜
We will see… I may have to impose a minimum AUM to do it. Definitely want to though…. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Great point! Yes 5 years is better than 1 year, and 10 years is better than 5 years… THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
GRPH $3.80 +21% announced late Friday the record date for the special dividend of ($1.03/ share) to be paid on March 21st to shareholders as of record March 18th
Same. I own O and EPR and both looked a bit average. But then, they both had Covid and rising interest rates hits over the last 5 years .I am buying now, and certainly expect the next 5 years to be better than the last 5.
Grifter. Dividends are not investment returns. You are taking money from your left pocket and putting it in your right pocket. Dividends are paid out of retained earnings. Grifting and misleading people.
Happy Wednesday Everybody!! Make sure to leave your $0.02 in the comments! Are you a MONTHLY DIVIDEND STOCK kind of guy or no? Which ones do you currently own?
*Protect your online privacy and security NOW with a free 14-day trial from my sponsor Aura: aura.com/averagejoe*
Hard to believe that there are only 40+ monthly dividend stocks. I appreciate your hard work and will save this video for future reference ❤
40 with a 5 year history. He excluded newer ones.
Appreciate it! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
@GUNNER67akaKelt yes there's well over 100 monthly payers
video idea: Simulate the performance of 3 portfolios, one comprised only of monthly dividend stocks, one with only quarterly, and one with a mixture (the juicy bits will be how you determine the mixture) across periods of 3,5, and 10 years (might be the wrong time lengths, but you get the idea).
Honestly, I'd rather see the mixture portfolio left out. If each dividend payment is dripped back into the same security that paid it (using SCHD dividends to buy just SCHD, KO dividends to buy just more KO shares, etc), then you're not really gaining any insight about mixing those payout schedules. The only help analyzing that type of portfolio would be is if you're planning on NOT reinvesting the dividends, or parking them in a core account and then buying shares from that core at a different rate than each stock's individual dividend payout would allow (pooling both SCHD & KO dividends, but only buying one of them for example). Personally I'd rather see the monthly and quarterly portfolios like you originally suggested, but have the last one be more directed at dividend growth stocks. Everybody says high rate stocks lose out to growth stocks over 20 or 30yrs, but nobody really shows how they do head to head on a shorter timeline - especially if you're comparing what happens when you're making regular additional contributions across all three portfolios, like most people would typically be doing for a retirement account. For most people, you're not going to have $10k lying around to just invest unless you're moving a retirement acct (from changing employers for example), in which case you're probably still working and probably still needing to continue contributing to that acct regardless of which brokerage you move it to for your new employer's 401k.
Interesting idea… I will take that away…
Some results are surprising, thanks! Did you account for MAIN supplemental dividends? They have a long history of paying them and account for a nice boost to the income and returns.
Thanks for the great work. MAIN is the only monthly I own (since September 2022), and it has provided me with some decent returns.
THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Would you consider doing the same analysis for monthly dividend ETFs and CEFs?
I actually think it’s a great idea. THANKS!
There were some CEFs in this one. I believe I saw the 4 CLO CEFs which are OXLC, ECC, OCCI, and XFLT. Also, there were some BDCs in this and I read that BDCs are types of CEFs.
Gain is a great stock. The missing part in this video (what I can see) is that extra dividend is not calculated in. It might be but is not shown and GAIN has had ALOT f these every quarter. Of of which are quite large compared to their regular dividend of $0.09 as of december 2023. Adding the normal dividend and the extra dividend and you're looking at arouned 10.5% yield and not just 6%. That is a major difference in the long run.
How did GAIN bring in more Div Income than GLAD if GLAD has a higher yield and higher Div Growth?
Actually, how can GAIN in 2023, a sub 7% Yield stock, deliver over 20% in Div Income? (If you invested $10k, and got $2000+ in Div Income in 2023).
How are dividend incomes low for higher yields and high div incomes for lower yields?
So if you bought all those stocks and hung onto them for the year were you up or down ?
Hello please explain if you would the difference and importance of yield, income, and balance please 🙏
Are a majority of these stocks REITs? If so an attack for brokerage account ordinary income since the Dividends are not qualified
GAIN and GLAD have been good to me. Steady monthly dividends, plus supplemental dividends every now and then.
Awesome! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Can you do a dividend etf/mutual find one!
Joe has done this kind of video in the past -- SCHD always comes out on top no matter the ETF or Index Fund.
It would be nice to see which are Qualified vs NonQualified dividends for tax purposes
I would love to see something like this for the index versions such as DHS, PEY, SPHD, KBWY, etc. Maybe an idea for the next video
Done!! ruclips.net/video/Ie1FDWUiZzQ/видео.htmlsi=xqXnpSxPxdkg19Xa
Sorry if this is a dumb Q but why is OXLC not on this list?
Good video, Joe and congrats on getting a good sponsor to back you -- Aura is a great product!
Did you declare a winner in the video? It seemed like GAIN was the winner, but you didn't say so?
I've been in GLAD and GAIN since 2019, and love both of them.
I used to be in STAG and O, and as this video shows, neither of those companies really are overall champs. There are better investments out there.
I think you should do a comparison between GAIN and Best Buy -- same criteria as before -- same time period -- and which one performed better?
Love your spread sheets. Very kind of you to share.
You are so welcome! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
I want to know the newly launched dividend stock so I can get in early. How do I find that?
Nobody’s helping you
It would have been helpful to have an index like spy on the chart for reference.
I agree, it really matters how they perform vs. the benchmark.
I appreciate that feedback. I’ve had people say in the past that “Of Course the index beats this. They’re different types of investments… “ I DO AGREE though it’s helpful. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
I should have also added, thank you for posting this. It took some of my wonder out of should I add monthly dividend stocks to my portfolio.
I hold several, among my favorite monthly payers include O for its long tern stability, then for some higher yields some UTG and GGN.
Seriously hope you do an update on this video
In most cases of dividend investment the most important part is your income growth not your portfolio value(you are not suppose to sell your shares but snowball your income every year unless if its an opportunistic sell)... For capital value, you are going all in for 100% growth stocks with 0 or peanuts dividends.
can you do a video like this on etf's
Done! ruclips.net/video/Ie1FDWUiZzQ/видео.htmlsi=xqXnpSxPxdkg19Xa || THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
How do you feel about AT&T at this point, Joe? Verizon has blown past every single call option I've sold.
It is annoying how many of those are not supported on Robinhood.
This is one of the most creative and useful investment video for people like me! Thank you so much!!
Hello everyone, I'm new to this and was wondering how dividend percentage works. For example if a company's stock dividend percentage is at 12% and they pay monthly dividends does that mean they pay 12% a month? so $120 paid per month for $1000 worth of stocks or is it 12% for the year divided into 12 months so in this case 1% a month so $10 paid per month for $1000 worth of stocks. Thanks for your help
1% a month
@@copperphilosophy4768 I appreciate it, thank you for taking the time to answer my question.
What about ARCc and CSWC?
They pay quarterly. We will cover them in a different video. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Hey Joe,
Should I roll or leave it?
I have 1 contract call option on NVDA at $260 expires 6/21/24, my cost based at $180, current price way higher. Huge loss. Does it make sense to roll, Just don't know what best to do?
Are you serious? Purchased a $260 option for $180 and it’s currently $641.90. Is this your first option purchase.
Ahhhh.... to see people's hopes and dreams fluttering around on the charts!!
Glorious!!
THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
In theory, all else equal, as long as dividends are reinvested, monthly will compound at a faster rate than quarterly…but as you found, not many monthly payers are worthwhile. EDIT: As some have noted, MAIN regularly pays special dividends. So does GLAD. It might be worthwhile to include those in case you didn’t.
I asked my financial advisor Admiral Ackbar about $ORC and he said "It's a trap!"
@Investor-joe go away apparent scammer...no way the true Channel Owner average Joe' investor is attempting to contact any viewers.
Like they say "a fool and their money are soon parted". My mother died not raise a fool (except perhaps my brother - but do not tell him I said that 🤣)
Take those digits of yours and put them where the sun does not shine 😜
It would be very interesting to go this with quarterly dividend stocks, but it might be too much work.
We will see… I may have to impose a minimum AUM to do it. Definitely want to though…. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Compare the 10 best monthly, the 10 best quarterly, and the 10 best growth stocks.
I really like these theow them all together here's the stats type videos! Keep it up man!
Glad you like them! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Great video as always ! But let’s remind ourselves time frames time frames time frames… 5 years and less are just small samples!
Great point! Yes 5 years is better than 1 year, and 10 years is better than 5 years… THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
are there some weekly ? Xd
I don't see OXLC on that list! Thanks The Average Joe Invester!
GRPH $3.80 +21% announced late Friday the record date for the special dividend of ($1.03/ share) to be paid on March 21st to shareholders as of record March 18th
Whats the best now?
So sell all my ARR then?
Yeah
PVL has a history of up and down big swings. It should rebound when the strategic reserves get refilled.
Was that $10,000 in every stock?
Great great analysis as always joe. Thanks.
Much appreciated! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Do monthly ETFs next!!
Done! ruclips.net/video/Ie1FDWUiZzQ/видео.htmlsi=xqXnpSxPxdkg19Xa || THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
It's not really accurate. I don't currently have many monthly but all them had a Total Resturn Positive, including my TSLY postion
Just ADC and MAIN. Makes me rethink ADC looking at this sad chart 😅
Im surprised that O isnt part of the top 5 or even top 10. Can you pls make a video for Best dividend +covercall stocks for cashflow
Same. I own O and EPR and both looked a bit average. But then, they both had Covid and rising interest rates hits over the last 5 years .I am buying now, and certainly expect the next 5 years to be better than the last 5.
@@winstonsmith2079 i do buy weekly .dca
Thanks for the video
You bet! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
thanks for sharing, great analysis and video !! regards from Panama !!!
Welcome! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Thank you! Big fan of your tested all series!
Awesome! More to come!! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
nice content ❤
You’re the man Joe.
Thanks Billy! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
All these results depend upon your cost basis
In O we trust
Block it out just makes me fast forward 😂
AGNC !
For the algorithm 👍
🤙🏽
THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Grifter. Dividends are not investment returns. You are taking money from your left pocket and putting it in your right pocket. Dividends are paid out of retained earnings. Grifting and misleading people.
Talks way too fast, like a scammer !!!!!!!!!!!!!!!!!!!!!!