Tag: dividends

Top Dividend Paying Gold Mining Stocks

by Fred Fuld III

4 minute read time

Gold has long been prized for its value and versatility, serving both as a store of wealth and a key material in various industries. As a precious metal, gold has traditionally been used to hedge against inflation, providing stability to investors during times of economic uncertainty. Its intrinsic value, resistant to the erosive effects of inflation, makes gold a safe haven when currencies fluctuate or geopolitical risks rise. Beyond its monetary significance, gold has numerous applications, ranging from jewelry and electronics to medicine and aerospace. This enduring demand across sectors ensures that gold remains a valuable asset, even as economies shift.

For investors seeking income as well as exposure to the gold market, dividend-paying gold mining stocks offer a unique opportunity. While gold itself does not generate cash flow, companies that mine gold can distribute profits to shareholders in the form of dividends. Below, we highlight three top gold mining stocks known for their dividend payouts: B2Gold (BTG), Centerra Gold (CGAU), and Gold Fields (GFI). These companies not only benefit from rising gold prices but also reward shareholders with consistent income.

B2Gold (BTG): A Low-Cost Producer with Strong Dividends

B2Gold, based in Canada, is one of the world’s low-cost senior gold producers, with operations in Mali, the Philippines, and Namibia. Known for its disciplined approach to mining, B2Gold has maintained a strong balance sheet and low debt, allowing it to reward shareholders with steady dividends. The company has a market capitalization of approximately $4.1 billion, reflecting its significant presence in the gold mining industry. With a forward price-to-earnings (P/E) ratio of 7.7, B2Gold offers attractive value, especially for investors looking for exposure to the gold market at a reasonable valuation.

What sets B2Gold apart is its commitment to returning capital to shareholders through its dividend program. Currently, the stock has a dividend yield of around 4.8%, making it one of the more attractive income plays in the sector. Despite fluctuations in gold prices, B2Gold’s efficient operations and strong cash flows enable it to sustain its dividend while continuing to invest in growth. For income-focused investors seeking stability, B2Gold is a compelling choice.

Centerra Gold (CGAU): A Diversified Gold and Copper Producer

Centerra Gold is a Canadian-based gold mining and exploration company with operations and projects in North America, Turkey, and Mongolia. Centerra distinguishes itself through its diversified production profile, which includes significant exposure to copper in addition to gold. This diversification provides Centerra with some insulation from the volatility of gold prices, making it a well-rounded investment in the resource sector. The company has a market cap of about $1.5 billion and a forward P/E ratio of 10.3, indicating that the stock is relatively inexpensive compared to its earnings.

Centerra Gold offers a dividend yield of approximately 2.9%, providing investors with a reliable income stream. The company’s ability to generate cash flow from both gold and copper production helps support its dividend payments, even in challenging market conditions. While Centerra has faced operational challenges in the past, particularly at its Kyrgyz Republic operations, it has worked to diversify its asset base and reduce geopolitical risk. For investors seeking a blend of gold exposure with a diversified resource portfolio, Centerra Gold presents an intriguing opportunity.

Gold Fields (GFI): A Global Player with Robust Dividends

Gold Fields, headquartered in South Africa, is one of the largest gold mining companies in the world, with operations spanning South Africa, Ghana, Australia, and South America. The company has built a reputation for its focus on sustainability and operational efficiency, ensuring long-term value creation for its shareholders. With a market capitalization of approximately $13.9 billion, Gold Fields is a major player in the gold mining industry. The stock has a trailing P/E ratio of 22 and a forward P/E ratio of 8.6.

Gold Fields stands out for its commitment to paying dividends, offering a dividend yield of around 2.5%. The company has a history of adjusting its dividend payments to reflect profitability, which allows it to maintain a healthy balance sheet while still rewarding shareholders. As a global producer, Gold Fields benefits from diverse geographical exposure, reducing the risks associated with operations in any single region. For investors looking for a large, stable gold mining company with a solid dividend, Gold Fields is a strong contender.

Conclusion

As gold continues to serve as a hedge against inflation and economic instability, gold mining companies offer a unique way for investors to benefit from rising gold prices while also earning income through dividends. B2Gold, Centerra Gold, and Gold Fields represent three top dividend-paying gold miners, each with its unique strengths. B2Gold provides low-cost production and a high yield, Centerra offers diversification through copper, and Gold Fields delivers global exposure and robust dividends. For investors seeking both growth potential and income, these gold mining stocks are worth serious consideration.

Disclosure: Author didn’t own any of the above at the time the article was written.

Unlocking Income Potential: Top High Dividend Stocks in the Dow to Consider Now

by Fred Fuld III

Investing in high dividend stocks can be an attractive option for income-seeking investors, especially in uncertain economic times. Dividend-paying stocks offer the dual benefit of regular income and potential capital appreciation, providing a cushion during market volatility.

Given current economic uncertainties, such as inflation and interest rate fluctuations, high dividend stocks can act as a safer harbor for conservative investors looking to balance risk with reward. As companies with strong cash flow generation, they often maintain or grow dividends, offering a hedge against inflation. Among the 30 stocks that make up the Dow Jones Industrial Average, Chevron (CVX), Dow Inc. (DOW), and Verizon (VZ) stand out for their robust dividend yields, making them appealing choices for those seeking reliable income streams.

Chevron Corporation (CVX), one of the largest integrated energy companies in the world, currently offers a dividend yield of around 4.6%. As of the most recent financial data, Chevron has a market cap of approximately $257 billion and a trailing P/E ratio of around 14. Chevron’s strong dividend is backed by its solid cash flows, driven by its oil and gas production activities. Despite the energy sector’s volatility, Chevron’s disciplined capital spending and focus on shareholder returns have helped it weather periods of low oil prices. In 2023, Chevron’s earnings benefited from higher oil prices due to global supply constraints and growing demand, helping the company continue its record of paying dividends for over a century. Its forward-looking strategy of expanding into renewable energy while maintaining core oil and gas operations positions Chevron well for both stability and future growth.

Another top yielding Dow stock is Dow Inc. (DOW), a global leader in chemicals and materials, currently provides a dividend yield of around 5.6%. Dow’s market cap stands at roughly $35 billion, and it has a trailing P/E ratio of 35, but a very favorable forward P/E of 13.5. The company’s portfolio includes essential products in sectors ranging from packaging to construction, making it a critical player in various global supply chains. In recent quarters, Dow has seen some pressure due to softening demand in certain sectors, particularly housing and industrial production, leading to reduced earnings. However, the company remains committed to rewarding shareholders through dividends, supported by its ability to generate cash flow even in challenging environments. As the global economy stabilizes, Dow’s strong balance sheet and diversified product line should enable it to maintain its high dividend, while potential improvements in demand for its products could further support share price appreciation.

Verizon Communications (VZ), a giant in the telecommunications industry, is known for its reliable, income-generating potential, offering a dividend yield of about 6%. Verizon’s market cap hovers around $187 billion, and its trailing P/E of 17 and a forward P/E ratio of approximately 9. The company’s stock price has faced challenges in recent years due to stiff competition in the telecom space and increased capital expenditures related to 5G infrastructure rollout. However, Verizon’s stable, recurring revenue from its wireless and broadband services provides the financial flexibility needed to continue paying high dividends. With the ongoing expansion of its 5G network, Verizon aims to capitalize on new growth opportunities in areas like the Internet of Things (IoT) and edge computing. While growth may be moderate, Verizon’s consistent cash flow from its massive subscriber base should allow it to maintain its attractive dividend, making it an appealing choice for income-oriented investors.

In conclusion, investing in high dividend stocks like Chevron, Dow, and Verizon offers a compelling opportunity for income-focused investors. Each company has its own unique strengths and challenges, but their consistent cash flows, solid dividend yields, and market positions make them attractive options for those looking to balance income and growth potential in their portfolios. These stocks, while not without risks, provide a relatively stable investment in an increasingly uncertain market environment.

Disclosure: Author didn’t have any positions in any of the above at the time the article was written.

Stocks Going Ex Dividend in June of 2024

The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.” This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the ex-date at a similar price, while still being eligible to receive the dividend payment.

Although this technique generally proves effective in bull markets and flat or choppy markets, it is advisable to exercise caution and consider avoiding this strategy during bear markets. To qualify for the dividend, it is necessary to buy the stock before the ex-dividend date and refrain from selling it until on or after the ex-date.

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

For investors seeking a comprehensive list of stocks going ex-dividend in the near future, WallStreetNewsNetwork.com has compiled a downloadable list containing numerous dividend-paying companies. Here are a few examples showcasing the stock symbol, ex-dividend date, periodic dividend amount, and annual yield.

McDonald’s Corporation (MCD)6/3/20241.672.59%
Harley-Davidson, Inc. (HOG)6/5/20240.17251.96%
Bank of America Corporation (BAC)6/7/20240.242.42%
NVIDIA Corporation (NVDA)6/11/20240.010.04%
Macy’s Inc (M)6/14/20240.17373.44%
Southwest Airlines Company (LUV)6/18/20240.182.68%
Main Street Capital Corporation (MAIN)6/21/20240.308.30%
Dillard’s, Inc. (DDS)6/28/20240.250.22%

To access the entire list of over 100 ex-dividend stocks, subscribers will receive an email in the next couple days with the full list. If you are not already a subscriber, you can sign up using the provided signup box below. Don’t miss out on this valuable information, and the best part is that it’s free!

Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Declaration date: This refers to the day when a company announces its intention to distribute a dividend in the future.
Ex-dividend date: On this day, if you purchase the stock, you would not be eligible to receive the upcoming dividend. It is also the first day on which a shareholder can sell their shares and still receive the dividend.
Record date: This marks the day when you must be recorded on the company’s books as a shareholder to qualify for the dividend. Typically, the ex-dividend date is set two business days prior to the record date.
Payment date: This is the day on which the dividend payment is actually made to the eligible shareholders. It’s important to note that the payment date can be as long as two months after the ex-date.

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

In conclusion, being aware of the stocks going ex-dividend can be advantageous for traders and investors employing the “Buying Dividends” strategy. WallStreetNewsNetwork.com provides a convenient resource to access a comprehensive list of such stocks, allowing individuals to plan their investment decisions effectively. Remember to stay informed and consider market conditions before employing any investment strategy.

Disclosure: Author owns MCD, HOG, BAC, and MAIN.

Stocks Going Ex Dividend in May of 2024

The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.” This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the ex-date at a similar price, while still being eligible to receive the dividend payment.

Although this technique generally proves effective in bull markets and flat or choppy markets, it is advisable to exercise caution and consider avoiding this strategy during bear markets. To qualify for the dividend, it is necessary to buy the stock before the ex-dividend date and refrain from selling it until on or after the ex-date.

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

For investors seeking a comprehensive list of stocks going ex-dividend in the near future, WallStreetNewsNetwork.com has compiled a downloadable list containing numerous dividend-paying companies. Here are a few examples showcasing the stock symbol, ex-dividend date, periodic dividend amount, and annual yield.

Citigroup, Inc. (C)5/3/20240.533.43%
Walmart Inc. (WMT)5/9/20240.20751.38%
Target Corporation (TGT)5/14/20241.102.68%
Microsoft Corporation (MSFT)5/15/20240.750.75%
Johnson & Johnson (JNJ)5/20/20241.243.38%
Discover Financial Services (DFS)5/22/20240.702.23%
T-Mobile US, Inc. (TMUS)5/31/20240.651.58%

To access the entire list of over 100 ex-dividend stocks, subscribers will receive an email in the next couple days with the full list. If you are not already a subscriber, you can sign up using the provided signup box below. Don’t miss out on this valuable information, and the best part is that it’s free!

Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Declaration date: This refers to the day when a company announces its intention to distribute a dividend in the future.
Ex-dividend date: On this day, if you purchase the stock, you would not be eligible to receive the upcoming dividend. It is also the first day on which a shareholder can sell their shares and still receive the dividend.
Record date: This marks the day when you must be recorded on the company’s books as a shareholder to qualify for the dividend. Typically, the ex-dividend date is set two business days prior to the record date.
Payment date: This is the day on which the dividend payment is actually made to the eligible shareholders. It’s important to note that the payment date can be as long as two months after the ex-date.

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

In conclusion, being aware of the stocks going ex-dividend can be advantageous for traders and investors employing the “Buying Dividends” strategy. WallStreetNewsNetwork.com provides a convenient resource to access a comprehensive list of such stocks, allowing individuals to plan their investment decisions effectively. Remember to stay informed and consider market conditions before employing any investment strategy.

Disclosure: Author did not own any of the above at the time the article was written.

Stocks Going Ex Dividend in March 2024

The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.” This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the ex-date at a similar price, while still being eligible to receive the dividend payment.

Although this technique generally proves effective in bull markets and flat or choppy markets, it is advisable to exercise caution and consider avoiding this strategy during bear markets. To qualify for the dividend, it is necessary to buy the stock before the ex-dividend date and refrain from selling it until on or after the ex-date.

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

For investors seeking a comprehensive list of stocks going ex-dividend in the near future, WallStreetNewsNetwork.com has compiled a downloadable list containing numerous dividend-paying companies. Here are a few examples showcasing the stock symbol, ex-dividend date, periodic dividend amount, and annual yield.

H&R Block, Inc. (HRB)3/4/20240.322.61%
The Kraft Heinz Company (KHC)3/7/20240.404.45%
UnitedHealth Group Incorporated (UNH)3/8/20241.881.43%
Coca-Cola Company (KO)3/14/20240.4853.20%
Mercer International Inc. (MERC)3/26/20240.0753.53%
Pacific Gas & Electric Co. (PCG)3/27/20240.010.12%
State Street Corporation (STT)3/28/20240.693.79%

To access the entire list of over 100 ex-dividend stocks, subscribers will receive an email in the next couple days with the full list. If you are not already a subscriber, you can sign up using the provided signup box below. Don’t miss out on this valuable information, and the best part is that it’s free!

Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Declaration date: This refers to the day when a company announces its intention to distribute a dividend in the future.
Ex-dividend date: On this day, if you purchase the stock, you would not be eligible to receive the upcoming dividend. It is also the first day on which a shareholder can sell their shares and still receive the dividend.
Record date: This marks the day when you must be recorded on the company’s books as a shareholder to qualify for the dividend. Typically, the ex-dividend date is set two business days prior to the record date.
Payment date: This is the day on which the dividend payment is actually made to the eligible shareholders. It’s important to note that the payment date can be as long as two months after the ex-date.

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

In conclusion, being aware of the stocks going ex-dividend can be advantageous for traders and investors employing the “Buying Dividends” strategy. WallStreetNewsNetwork.com provides a convenient resource to access a comprehensive list of such stocks, allowing individuals to plan their investment decisions effectively. Remember to stay informed and consider market conditions before employing any investment strategy.

Disclosure: Author did not own any of the above at the time the article was written.

Top Stocks That Just Increased Their Dividends

by Fred Fuld III

Investors like stocks that have increased their dividend.

There are several reasons why investors tend to favor stocks that have had a dividend increase:

Increased income: A dividend increase means a larger payout to shareholders, providing a more immediate and reliable source of income. This is particularly attractive to investors seeking regular cash flow, such as retirees or those living off their portfolios.

Signal of confidence: A dividend increase is often seen as a signal of a company’s strong financial health and healthy long-term prospects. This suggests the company is confident in its ability to generate sustained profitability and share its success with shareholders. This confidence can boost investor sentiment and attract new investors seeking stable and growing income streams.

Growth potential: While not always the case, a dividend increase can also point to future growth potential. It can indicate that the company has excess cash and sees limited opportunities for reinvestment within the business. This suggests the company may be exploring new lines of business or initiatives that could unlock future growth, further increasing shareholder value.

Risk reduction: Dividend-paying stocks tend to be less volatile than their non-dividend counterparts. This is because they attract investors seeking income and stability, leading to a more consistent investor base. A dividend increase can further solidify this perception of stability, making the stock a less risky investment in the eyes of some investors.

Market psychology: A dividend increase can be seen as a positive momentum indicator, often sparking increased demand for the stock as investors try to capitalize on the perceived trend of future growth and income. This increased demand can drive up the stock price, adding to the potential returns for investors.

It’s important to note that not all dividend increases are created equal. Investors should also consider:

  • The size of the increase: A large increase is generally more favorable than a small one.
  • The company’s dividend history: A consistent track record of dividend increases is more reassuring than a one-time bump.
  • The reason for the increase: Understanding the company’s rationale behind the increase (e.g., strong earnings,increased cash flow) can provide context.
  • Overall financial health: While a dividend increase is positive, it shouldn’t come at the expense of the company’s financial stability.

The following is a list of stocks that have increased their dividends during the last week.

Stock% IncreaseYield
Fastenal (FAST)11%2.23%
Royalty Pharma plc (RPRX)5%2.87%
ONEOK, Inc. (OKE)3.7%5.71%
Penske Automotive Group, Inc. (PAG)10%1.97%
 Independent Bank Corporation (IBCP)4%3.46%
NRG Energy, Inc. (NRG)8%3.09%
Franklin Electric Co., Inc. (FELE)11%1.04%

One of the stocks on the list, ONEOK (OKE), not only increased their dividend by 3.7% but also authorized a $2 billion Share Repurchase Program. The company is a major American energy infrastructure company, connecting key gas supply and demand centers through its vast pipeline network, primarily focused on natural gas liquids. The stock trades at 12.7 times trailing earnings and yields 5.71%.

Fastenal, which distributes fasteners and tools, and operates hardware stores, had one of the biggest increases in its dividend payout, increasing by 11%. The stock has a price to earnings ratio of 34 and yields 2.23%. 

Let’s hope that higher dividends turn into higher stock prices.

Disclosure: Author didn’t own any of the above at the time the article was written.

Stocks Going Ex Dividend in August 2023

The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.” This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the ex-date at a similar price, while still being eligible to receive the dividend payment.

Although this technique generally proves effective in bull markets and flat or choppy markets, it is advisable to exercise caution and consider avoiding this strategy during bear markets. To qualify for the dividend, it is necessary to buy the stock before the ex-dividend date and refrain from selling it until on or after the ex-date.

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

For investors seeking a comprehensive list of stocks going ex-dividend in the near future, WallStreetNewsNetwork.com has compiled a downloadable list containing numerous dividend-paying companies. Here are a few examples showcasing the stock symbol, ex-dividend date, periodic dividend amount, and annual yield.

StockEx Div DateDiv AmountYield
Las Vegas Sands Corp. (LVS)8/7/20230.200.34%
American Electric Power Company (AEP)8/9/20230.833.95%
International Business Machines (IBM)8/9/20231.664.63%
Starbucks Corporation (SBUX)8/10/20230.532.09%
Walmart Inc. (WMT)8/10/20230.571.43%
Eli Lilly and Company (LLY)8/14/20231.131.00%
Consolidated Edison, Inc. (ED)8/15/20230.813.47%
Target Corporation (TGT)8/15/20231.103.26%
Microsoft Corporation (MSFT)8/16/20230.680.81%
Duke Energy Corporation (DUK)8/17/20231.0254.38%
Southern Company (SO)8/18/20230.703.87%
Discover Financial Services (DFS)8/23/20230.702.48%
Hilton Worldwide Holdings Inc. (HLT)8/24/20230.150.39%
Johnson & Johnson (JNJ)8/25/20231.192.82%
Allstate Corporation (ALL)8/30/20230.893.15%
Goldman Sachs Group, Inc. (GS)8/30/20232.753.08%
Lockheed Martin Corporation (LMT)8/31/20233.002.66%

To access the entire list of over 100 ex-dividend stocks, subscribers will receive an email in the next few days. If you are not already a subscriber, you can sign up using the provided signup box below. Don’t miss out on this valuable information, and the best part is that it’s free!

Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Declaration date: This refers to the day when a company announces its intention to distribute a dividend in the future.
Ex-dividend date: On this day, if you purchase the stock, you would not be eligible to receive the upcoming dividend. It is also the first day on which a shareholder can sell their shares and still receive the dividend.
Record date: This marks the day when you must be recorded on the company’s books as a shareholder to qualify for the dividend. Typically, the ex-dividend date is set two business days prior to the record date.
Payment date: This is the day on which the dividend payment is actually made to the eligible shareholders. It’s important to note that the payment date can be as long as two months after the ex-date.

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

In conclusion, being aware of the stocks going ex-dividend can be advantageous for traders and investors employing the “Buying Dividends” strategy. WallStreetNewsNetwork.com provides a convenient resource to access a comprehensive list of such stocks, allowing individuals to plan their investment decisions effectively. Remember to stay informed and consider market conditions before employing any investment strategy.

Disclosure: Author did not own any of the above at the time the article was written.

Why Buy Stocks that Pay Dividends Quarterly or Monthly when You Can Get Dividends Weekly

by Fred Fuld III

Would you rather have a stock that pays quarterly, monthly or weekly? Do you know what the advantages are of receiving your dividends at a faster frequency?

Reinvestment Opportunities: With weekly dividends, investors have the opportunity to reinvest their earnings more frequently. By reinvesting dividends promptly, investors can take advantage of compounding returns and potentially accelerate the growth of their investment portfolio. This can be especially beneficial for long-term investors aiming to maximize their returns over time.

Dollar-Cost Averaging: weekly dividends can facilitate a strategy called dollar-cost averaging. This strategy involves investing a fixed amount of money at regular intervals, regardless of the investment’s price. With weekly dividends, investors can consistently reinvest funds, buying more shares when prices are lower and fewer shares when prices are higher. This approach can help smooth out the impact of market fluctuations and potentially lead to better average purchase prices.

Flexibility and Liquidity: weekly dividends provide investors with greater flexibility and liquidity. With more frequent dividend payments, investors have more control over their cash flow and can react to changing financial needs more effectively. It allows for easier adjustments to spending, reinvestment, or capital allocation strategies as circumstances evolve.

Reduced Dependency on Other Income Sources: For retirees or individuals relying heavily on investment income, receiving dividends weekly can help reduce reliance on other income sources such as Social Security or pensions, which are paid monthly. This diversification of income streams can enhance financial security and independence.

Psychological Benefits: Receiving dividends every month can provide a sense of accomplishment and satisfaction. It reinforces the tangible benefits of investing and can help investors stay motivated and engaged with their investment strategy.

There are actually numerous investment options available for individuals seeking regular dividend payments, ranging from stocks and ETFs to CEFs, REITs, and trusts. While many of these instruments pay dividends on a quarterly or monthly basis, there is also an alternative for those who prefer weekly payouts. One such option is the SoFi Weekly Dividend ETF (WKLY), a convenient investment vehicle designed to handle weekly dividend payments on behalf of investors.

The SoFi Weekly Dividend ETF comprises a well-diversified portfolio consisting primarily of large-cap and medium-cap dividend-paying stocks, with a focus on U.S.-based companies. Additionally, it includes select international companies to further enhance the fund’s diversification. The primary objective of this ETF is to ensure consistent weekly dividend distributions to its shareholders.

At present, the ETF offers a respectable yield of 3.16%, providing investors with an attractive income stream. It boasts total net assets of $9.44 million. Furthermore, the expense ratio for this fund is 0.49%, which is relatively reasonable when compared to similar investment vehicles.

Interestingly, the SoFi Weekly Dividend ETF is not the sole weekly dividend ETF available to investors. The same fund manager also offers the SoFi Weekly Income ETF (TGIF), which also provides weekly dividend payments. However, unlike the WKLY ETF, the TGIF ETF primarily invests in a mix of investment-grade and junk bonds.

The SoFi Weekly Income ETF, with a higher yield of 4.58%, may appeal to individuals seeking higher income potential. It currently holds total net assets amounting to $16.59 million and has an expense ratio of 0.59%. This ETF was established in 2020, offering investors a relatively new but potentially lucrative investment opportunity.

Both the WKLY and TGIF ETFs may serve as valuable additions to an income-oriented investment portfolio. However, it’s essential to be aware of the associated risks when investing in these funds. As with any investment, there is always the possibility of market volatility, potential losses, and fluctuations in dividend payments. It is crucial to thoroughly research and understand the underlying holdings, as well as carefully evaluate the fund’s performance and track record.

In conclusion, for individuals seeking regular weekly dividend payments, the SoFi Weekly Dividend ETF (WKLY) and the SoFi Weekly Income ETF (TGIF) provide convenient investment options. These ETFs offer diversified portfolios with different underlying assets, enabling investors to select an option that aligns with their income objectives and risk tolerance. However, it’s important to consider the potential risks associated with these investments and conduct thorough due diligence before making any investment decisions.

Disclosure: Author didn’t own any of the above at the time the article was written. These ETFs are extremely low cap, and should be considered extremely speculative.

Stocks Going Ex Dividend in May 2023

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but during bear markets, you may want to consider avoiding this strategy. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until on or after the ex date.

The actual dividend may not be paid for another few weeks.

WallStreetNewsNetwork.com has compiled a downloadable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and the annual yield.

Walmart Inc.   (WMT)5/4/20232.281.49%
Fortis Inc.   (FTS)5/16/20231.6953.81%
Deutsche Bank AG   (DB)5/18/20230.32372.98%
FutureFuel Corp.   (FF)5/31/20230.243.13%
Tyson Foods, Inc.   (TSN)5/31/20231.923.15%

The entire list of dozens of ex-dividend stocks will be emailed to all subscribers this week. If you are not a subscriber, you can sign up at the signup box below. Don’t miss out. Remember, it’s free!

Dividend Definitions

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links are on this page.

Stocks Going Ex Dividend in April 2023

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but during bear markets, you may want to consider avoiding this strategy. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until on or after the ex date.

The actual dividend may not be paid for another few weeks.

WallStreetNewsNetwork.com has compiled a downloadable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million. Some of the stocks have yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and the annual yield.

Comcast Corporation (CMCSA)4/4/20230.293.18%
American Express Company (AXP)4/5/20230.601.51%
General Mills, Inc. (GIS)4/6/20230.542.71%
Dollar General Corporation (DG)4/10/20230.591.12%
Abbott Laboratories (ABT)4/13/20230.512.08%
Colgate-Palmolive Company (CL)4/20/20230.482.63%
Dell Technologies Inc. (DELL)4/24/20230.373.84%
Clorox Company (CLX)4/25/20231.183.02%
Hasbro, Inc. (HAS)4/28/20230.705.83%

The entire list of over 100 ex-dividend stocks will be emailed to all subscribers next week. If you are not a subscriber, you can sign up at the signup box below. Don’t miss out. Remember, it’s free!

Dividend Definitions

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links are on this page.