Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
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...
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.
Follow Money Morning on Facebook and Twitter.
About the Author
Shah Gilani boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the floor of the Chicago Board of Options Exchange. When options on the Standard & Poor's 100 began trading on March 11, 1983, Shah worked in "the pit" as a market maker.
The work he did laid the foundation for what would later become the VIX - to this day one of the most widely used indicators worldwide. After leaving Chicago to run the futures and options division of the British banking giant Lloyd's TSB, Shah moved up to Roosevelt & Cross Inc., an old-line New York boutique firm. There he originated and ran a packaged fixed-income trading desk, and established that company's "listed" and OTC trading desks.
Shah founded a second hedge fund in 1999, which he ran until 2003.
Shah's vast network of contacts includes the biggest players on Wall Street and in international finance. These contacts give him the real story - when others only get what the investment banks want them to see.
Today, as editor of Hyperdrive Portfolio, Shah presents his legion of subscribers with massive profit opportunities that result from paradigm shifts in the way we work, play, and live.
Shah is a frequent guest on CNBC, Forbes, and MarketWatch, and you can catch him every week on Fox Business's Varney & Co.
