Yield-seeking investors know that holding the right dividend stocks means they get paid even if the market pulls back.
That's an enticing idea now that the Dow Jones Industrial Average is at a record high.
That's also why Money Morning Global Investing Strategist and editor of the Permanent Wealth Investor service Martin Hutchinson warns that holding only non-dividend payers could hurt investors.
"I find stocks that don't pay dividends rather alarming because there's no way of getting any return from them at all," explained Hutchinson.
His favorite dividend stocks are "heirloom stocks," a select group of 82 stocks listed on the NYSE or Nasdaq with a reliable dividend-paying history.
In the following video Hutchinson explains how to spot heirloom stocks and why they should be an important base of any portfolio. He also shares one of his favorite "heirloom" dividend stocks to buy now.
Want to Learn More About Permanent Wealth Investor?
Hutchinson's Permanent Wealth Investor advisory service uses a long-tested strategy to generate immediate cash from a select stable of companies paying extraordinarily high dividends – we're talking annual yields of 10% and 15% or more. With his proprietary "Certainty Index," Hutchinson runs companies through the proverbial ringer to determine the probability that they'll continue paying dividends to shareholders.
Right now, for a limited time, you can get access to Permanent Wealth Investor as well as every premium resource Money Map offers, except for one… over $27,500 worth, for just $99. That means you can get immediate access to Martin's method of finding the best dividend stocks.
We've never offered this before. Needless to say, the response has been huge. So huge, we can't offer it much longer. See here for details.