The conventional wisdom on dividend stocks usually holds they come in just two polar-opposite categories - amazing and terrible.
The thinking goes that there's an elite group of blue-chip "dividend aristocrats," who up their payouts quarter after quarter for years on end... and then there's everything else. This includes ho-hum stocks that pay a few cents on the dollar while tying up lots of those dollars, and companies sporting insane payout ratios paying unsustainably high dividends.
But when you've been around the block as often as I have, you know it's not that black-and-white. Are there lousy dividend payers? Absolutely. But folks who stick with mainstream thinking on dividends are missing out on a lot.
Because the truth is that outside of the aristocrats, there are plenty of stocks that offer both a great sustainable dividend and long-term appreciation.
And that's the kind of dividend stock I've got picked out for you today.
It's a real estate investment trust (REIT) focusing on one of 2021's hottest sectors. It's up more than 17% for the year, and it's currently paying a dividend more than four times the S&P 500 average. The next payout comes early next month, so move quickly.
Here's the ticker...
[mm_brightcove id="6268182592001"]
So, clearly, when it comes to dividends - and a lot of other investments, for that matter - the "conventional wisdom" really isn't all that smart. Case in point: I know one rare class of stocks where top performers have seen 2,953%... 4,801%... 12,754%... even 22,207% in less than a year. Exceptional, right? Well, one investment firm on Wall Street (where conventional "thinking" is king) flat-out banned its advisors from offering any of these stocks, no matter how big the gains! Ninety-nine percent of investors are missing out on the stocks producing the biggest gains in the market today, but I can tell you more about them right here.
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