henarl

Stocks to Help You Avoid the 7 Deadly Sins of Income Investors

Good article. Lists a lot of high dividend stocks for further study. The Canadian pink sheet stocks should be purchased directly from the Canadian exchanges if at all possible since the pink sheet listings are not particularly liquid and usually have big bid-ask spreads and are subject to market maker manipulation. Shipping stocks are another normally high income area to look at. I am long BPT, HTE, PEYUF, KMP, LINE, OKS, FRO.

High-Yield Canadian Royalty Trusts vs. Dividend Growth Stocks

Everybody's circumstances are different. It depends on your age and your time frame. Canroys, MLPs, tanker stocks, etc. pay double digit yields today but are subject to high volatility, both in yield and share price. They are better short term income investments.
Dividend achievers, such as those listed by the author, pay a much lower current yield but have a long history of dividend increases and share price growth. They are better long term income investments.
I am long XOM, which has experienced an excellent share price growth over the years I have had it but has a very small current dividend yield. I am also long HTE, FRO, and several MLPs, all of which have high current yields but are down in share price since I purchased them.
For someone in their thirties, forties, or fifties, dividend achievers are a good way to go. I am 78 years old and no longer have the time to wait for the slow dividend and price growth of these positions now and so the high dividend holdings make more sense for someone my age.