How Do You Invest In High Dividend Stocks?
While long-term growth of capital is a price consideration for stock market investors, current income can be important as well. A steady stream of dividend income can soften the blow of a market downturn. Those dividends also can provide valuable income to supplement pensions, Social Security and other sources of retirement income. Choosing a quality mutual fund composed of dividend-paying stocks, or a basket of stocks with a good yield, is one of the best ways to combine long-term growth with current income. Open a brokerage account if you do not already have one. Choosing a low-cost online broker like TD Ameritrade, E*Trade or Scottrade can keep your trading costs down. Log on to your account and use the broker’s stock screening tools to look for stocks with a high-dividend yield. The stock screening tools allow you to set thresholds, i.e. 5 percent or 8 percent for dividend yield. Just enter the minimum dividend yield you are looking for in the block, and the stock screening tool wi
