Dividend investing is a huge part of my investment strategy. As I’ve mentioned in my now monthly passive income updates, receiving dividend income from my both my Ultimate Sustainable Dividend portfolio and my ETF portfolio is a primary driver of how my retirement will be like a few decades from now:)
Today, I am back with our list of the top 100 dividend stocks from the S&P500 and we have a familiar name back on top.
Pitney Bowes (PBI)
Pitney Bowes is dominating the list but if you look at its stock chart just below, you will see that the rising dividend is caused not by raising payouts but because the stock price keeps declining. That is NOT a good sign. The fact is that numbers don’t look great when you look at the year over year comparisons and I’d be very reluctant to buy PBI, especially in a long term portfolio such as the USDP.
Over the weekend, I will do further research on these 100 names and will send it over to newsletter subscribers next week, be free to join if you haven’t already, it’s free!:)
In the meantime, here is the list![table “469” not found /]