Thursday, September 9, 2010

A Secret for collecting twice as much in dividend payments


Now here's a secret for collecting twice as much in dividend payments.

The easiest way to do this is simply buy twice the number of shares. A lot of people don't know it, but they can simply double the number of shares they owb by using a margin account. 

With a margin account, your broker will lend you the money to buy the additional shares of stock. Of course, he'll charge you interest on the loan, but that expense is tax deductible.

Moreover, you don't have to buy the same stocks you already own. You can buy any stocks you wish. So why not buy stocks that pay higher dividend yields than the ones you already own?

You might even be able to triple your dividend receipts.

Cheapest Mid-Cap Stocks with highest paying dividends


The cheapest mid-cap stocks with the highest paying dividends are the following:

CIM - Chimera Investment Corp. $4.03 per share with a Div./yield of 0.17/16.89

MFA - MFA Mortgage Investments $7.57 per share with a Div./Yield of 0.19/10.04

FTR - Frontier Communications Corp. $7.66 per share with a Div./Yield of 0.19/9.78

TRU - Torch Energy Royalty Trust $4.01 per share with a Div./Yield of 0.10/10.23

Watch for the next post as I reveal how to collect twice as much in dividend payments.


SILA - Gold American Mining Corp.

SILA - Gold American Mining Corp. just spent 0.81M in Research & Development. This is the biggest investment they have made. Their total debt is $0.00. Total Common shares outstanding are only 85.93M.

Their shares are going fast and the stock is on the rise!