by Doug West (Author)
Tired of the banks paying low interest rates? Maybe it's time to consider dividend-paying stocks as an alternative. In the book, you will learn to select from thousands of available stocks and find a group of companies that will pay you each quarter with a steady or increasing dividend. Dividend-paying stocks are a conservative way to grow your wealth year after year. Learn about the dividend yield of your stock, the payout ratio, and the price-to-earnings ratio. Over time, the value of your investment will grow due to the effects of compound interest as you reinvest your dividends. The book contains a list of several proven dividend stocks that have an extensive track record of quarterly payments. Dividend-paying stocks are more stable and don't fluctuate in price as much as the general stock market. Learn which high-yield stocks are a trap and should be avoided. The revised edition contains updated information, a correction, and some revisions to the original text for clarification.