Get Rich with Dividends

Foreword by Alexander Green xiii

Preface xvii

Chapter 1 Why Dividend Stocks? 1

"Y'all Must've Forgot" 5

Marc Lichtenfeld's Authentic Italian Trattoria 8

The Numbers 9

Keeping Up with Inflation 12

The 10-11-12 System 14

Summary 16

Notes 16

Chapter 2 What Is a Perpetual Dividend Raiser? 19

Dividend Aristocrats 20

The Index 21

The Champions 23

Junior Aristocrats 26

Survivorship 29

Summary 30

Chapter 3 Past Performance Is No Guarantee of Future Results, but It's Pretty Darn Close 31

Performance of Perpetual Dividend Raisers 34

How Do Bonds Compare? 49

Are You an Investor from Lake Wobegon? 52

Summary 56

Notes 56

Chapter 4 Why Companies Raise Dividends 59

Buybacks versus Dividends 60

Management Speaks 65

Attracting the Right Shareholders 68

Signals to the Market 72

Summary 73

Notes 74

Chapter 5 Get Rich with Boring Dividend Stocks (Snooze Your Way to Millions) 75

How Much Do You Want to Make? 75

Summary 87

Note 87

Chapter 6 Get Higher Yields (and Maybe Some Tax Benefits) 89

Buying $1 in Assets for $0. 90 89

MLPs 98

REITs 100

BDCs 101

You Don't Have to Play Mahjong with Mrs. Zuckerberg 103

Preferred Stocks 105

Summary 107

Chapter 7 What You Need to Know to Set Up a Portfolio 109

The Oxford Income Letter Portfolio An Example 111

Setting Up the Portfolio 115

Yields 118

Payout Ratio 121

Dividend Growth Rate 126

Special Dividends 128

Summary 131

Notes 131

Chapter 8 The 10-11-12 System 133

Yield 133

Dividend Growth 134

Payout Ratio 135

Formula 135

Numbers 147

When to Sell 156

Summary 158

Chapter 9 DRIPs and Direct Purchase Plans 159

Summary 163

Chapter 10 Using Options to Turbocharge Your Returns 165

Covered Calls: The Espresso of Income Investing 167

Option Prices 169

Volatility: An Option Seller's Best Friend 170

Time Is on Your Side 171

Who Should Sell Covered Calls? 172

Annual Returns of 20% 173

Selling Puts 177

Summary 179

Chapter 11 Foreign Stocks 181

One Lump or Two? 182

Lumpy Perpetual Dividend Raisers? 184

Other Risks 186

Summary 188

Chapter 12 Taxes 189

Foreign Taxes 191

Tax-Deferred Strategies 192

Tax Law Changes 194

Summary 194

Note 195

Chapter 13 Crypto 197

Summary 200

Note 201

Conclusion: The End of the Book, the Beginning of Your Future 203

Glossary 207

Acknowledgments 211

About the Author 213

Index 215