FrankGiaa

The Top 350 Monthly Dividend Stocks

Dividend stocks are a beautiful thing. The information about them however is scattered across the web to where it is difficult to find them and chose the right ones for your portfolio.

When you select them you want to diversify in different sectors. Also one has to look ahead and avoid costly mistakes – 2 examples are:


A. Canadian energy royalty trusts – good monthly dividends right now, but 2 things turned me away from these stocks:


1. You pay 15% foreign tax each month on the received dividend

2. Tax laws in Canada are changing in 2011 to start taxing the trusts and to significantly increase the dividend tax the foreign investors will be paying


B. US OIL royalty trusts – the problem here is that these stocks will exist only until the property they are linked to has oil to produce. Ones oil is gone trust disappears and so is your money. So you have to cash out before that happens. I am not good at timing these events so I decided to stay away.

So after doing my research on dividend paying stocks I chose these 6 sectors to get in:


Telecommunications, Energy, Financials, Tobacco, Oil/Drilling and Shipping

I went with these stocks, that I believe will give me best long term dividend returns: CEL, CPL, PM, DPO, IID, RSF, GDOCF, ITKSF and SDRLF


1. CEL - Cellcom Israel Ltd. (Cellcom) is a provider of cellular
communications services in Israel


2. CPL - CPFL Energia SA is a holding company engaged, through its subsidiaries, in the distribution, generation and commercialization of the electricity in Brazil


3. DPO - Dow 30 Enhanced Premium & Income Fund Inc. is a diversified, closed-end management investment company. Monthly dividend payer


4. IID - The ING International High Dividend Equity Income Fund is a non-diversified, closed-end management investment company. Pays good monthly dividend


5. RSF - Strategic Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. Pays huge monthly dividend


6. GDOCF – A Bulk shipper with a huge dividend - www.goldenocean.no/. Best thing – stock is still under $7. Frontline (FRO) spin-off child


7. ITKSF – A petroleum tanker Company, no dividend yet but surely one is coming as it is a Frontline (FRO) child -
www.frontline.bm/repor....

Stock is under 2 bucks, and it started trading just recently after Frontline (FRO) spin off.


8. SDRLF – Deep water oil drilling Company - www.seadrill.com/, good dividend projected to largely increase in 2009


9. PM – Philip Morris international – no introduction needed here.


One more thing to add – dividend stocks are great but any complete portfolio needs also a growth stock piece in it.

Stocks such as V, RIO, PBR, UNP, etc. are a very nice addition.


Well that is all and I hope it helps in your dividend hunting journey


Good luck and best regards.

Frank

Year-End List of Monthly Dividend Stocks (updated)

Dividend stocks are a beautiful thing. The information about them
however is scattered across the web to where it is difficult to find
them and chose the right ones for your portfolio.
When you select them you want to diversify in different sectors. Also
one has to look ahead and avoid costly mistakes – 2 examples are:


A. Canadian energy royalty trusts – good monthly dividends right now,
but 2 things turned me away from these stocks:


1. You pay 15% foreign tax each month on the received dividend
2. Tax laws in Canada are changing in 2011 to start taxing the trusts
and to significantly increase the dividend tax the foreign investors
will be paying


B. US OIL royalty trusts – the problem here is that these stocks will
exist only until the property they are linked to has oil to produce.
Ones oil is gone trust disappears and so is your money. So you have to
cash out before that happens. I am not good at timing these events so
I decided to stay away.
So after doing my research on dividend paying stocks I chose these 6
sectors to get in:


Telecommunications, Energy, Financials, Tobacco, Oil/Drilling and
Shipping
I went with these stocks, that I believe will give me best long term
dividend returns: CEL, CPL, PM, DPO, IID, RSF, GDOCF, ITKSF and SDRLF


1. CEL - Cellcom Israel Ltd. (Cellcom) is a provider of cellular
communications services in Israel


2. CPL - CPFL Energia SA is a holding company engaged, through its
subsidiaries, in the distribution, generation and commercialization of
the electricity in Brazil


3. DPO - Dow 30 Enhanced Premium & Income Fund Inc. (the Fund) is a
diversified, closed-end management investment company. Monthly
dividend payer


4. IID - ING International High Dividend Equity Income Fund (the Fund)
is a non-diversified, closed-end management investment company. Pays
good monthly dividend


5. RSF - RMK Strategic Income Fund, Inc. (the Fund) is a diversified,
closed-end management investment company. Pays huge monthly dividend


6. GDOCF – A Bulk shipper with a huge dividend - www.goldenocean.no/.
Best thing – stock is still under $7. Frontline (FRO) spin-off child


7. ITKSF – A petroleum tanker Company, no dividend yet but surely one
is coming as it is a Frontline (FRO) child -
www.frontline.bm/repor.... Stock is
under 2 bucks, but it started trading just recently after Frontline
(FRO) spin off.


8. SDRLF – Deep water oil drilling Company - www.seadrill.com/,
good dividend projected to largely increase in 2009


9. PM – Philip Morris international – no introduction needed here.


One more thing to add – dividend stocks are great but any portfolio
needs also a growth stock piece as well. Stocks such as V, RIO, PBR,
UNP, etc. are a nice addition as well.


Well that is all and I hope it helps in your dividend hunting journey


Good luck and best regards.