market ace

Tough Times for Dividend Investors

I think if you limit yourself to US stocks you will have to settle for 2-3% yields being called "dividend aristocrats". If you are serious about real dividends you will need to go to foreighn stocks such as Canadian trusts. There are numerous trusts in every imaginable industry that pay substantial monthly dividends of 10% or more. Sure they are not big movers and the Candian currency differential reduces your yield as does the foreign withholding tax which makes them unsuitable for IRA's, but right now the US $ strength gives you superior buying power on the front end and you could get a nice gain when the dollar falls.

Obviously many of these are small volume and you need to do your own DD, and especially check the dividend record for contimuity and future projections, but their appear to be many gems out there for those willing to search for them and they could substantially increase your annual dividends.