Dollar Pimp

6 Dividend Stocks for Current Income

As the dollar declines, your dividend becomes worth more and more over time. Yes, the dividend is converted at the time of distribution, but a .50 per share dividend now will become a 1.00 later if the buck loses half its value. Also, the dollar denominated stock price will appreciate faster. If you believe in a lower US dollar, foreign dividend payers are a no brainer.


On Oct 22 10:03 AM David Van Knapp wrote:

> I have the same doubts about what currency dividends are paid in.
> I own foreign companies among my dividend stocks, and when the stocks
> pay dividends in their native currency, the dividends are immediately
> credited to my brokerage account in $US at the current exchange rate.
> Any benefit or detriment of stronger or weaker dollar takes place
> then. I'm not aware of being able to hold the dividend in its native
> currency, and then a year later having it be worth more because the
> dollar has since declined.