3 Stocks to Bet on to Become a 'Dividend Millionaire' - Profit Hunter by Equitymaster
Free Reports

3 Stocks to Bet on to Become a 'Dividend Millionaire'

May 14, 2019

Richa Agarwal, Research analyst

It's a real story...

In late 1940s, Quincy, a town in Florida, became the richest (per capita).

It wasn't the natural resources or a flourishing trade that helped the city bag this title.

It was in fact, one man's taste for aerated drinks.

That man was Pat Munroe, a well-known banker in the town.

In the 1920s, when the entire US economy was caught in the grip of recession, Munroe made an interesting observation. He noticed that while people were cutting down spending amid the slowdown, one small luxury they were not willing to give up on was a bottle of Coca Cola. This was a product with evergreen demand.

--- Advertisement ---
Start Your Sensex 100,000 Journey Today

We're probably one of the few who have predicted Sensex could cross well over 100,000.

After researching the Indian economy for more than 23 years, we have solid evidence that this is going to be a reality sooner or later.

We are at the cusp of taking a giant leap forward…that would result in better jobs, bigger salaries, and more financial security than ever before.

But for a small group of Indians, which we believe you belong to, the potential riches could be even bigger...

With a few well-placed investments, one could potentially make generations of wealth over the next 5-10 years.

We know it sounds crazy, but you have to see it to believe it.

If you're willing to join thousand other Indians who're looking to skip the rat race, then click on the link below and register for this MEGA Summit for free.

Block Your FREE Seat Now (in Just 1-Click)!
1-Click Sign Up! No Forms to Fill.

------------------------------

Amid a conflict with bottlers and sugar companies, the stock had crashed 50% from its offer price when it went public in 1919. A savvy Munroe began loading up on the shares of Coca Cola. He further asked the folks in the town to do so. He even lent money to people to buy Coca Cola shares, and underwrote bank loans, backed by these shares.

Over the next two decades, Quincy perhaps was the only town that was relatively unscathed by the great economic depression, thanks to the dividends from the stock. Some used these to buy more of the stock.

Over the next two decades, this modest farming town became the richest town (per capita) in the US.

As per the news reports, Quincy became home to at least 67 'Coca Cola Millionaires', who passed this wealth to next generation.

Here's the most fascinating part...

Since listing, the stock has undergone multiple splits. As per various reports, a US$40 investment (offer price for Coke) in 1919 would have multiplied wealth by over 5,50,000 times, assuming all dividends were reinvested. Someone who chose to not reinvest dividends and spend them instead, would have multiplied wealth by over 20,000 times!

I'm sure a lot of you would be wishing your grandmas were born then and had followed Mr Munroe's advice.

Such is the power of well-run dividend paying companies.

--- Advertisement ---
Last Phase For Chowkidaar… Last Chance For You!

Before The Election Results are announced…

In fact, even before the telly gurus bombard the screen scrutinizing the exit polls…

We have 3 rare small cap stocks you could consider adding to your portfolio!

Yes, we all know if the market finds the election results favourable (with or without the chowkidaar)...there could potentially be IMMENSE wealth creation over the coming few months.

And we know that it doesn't take long for the small cap segment of the market to jump!

That is why we're delighted to announce that Richa Agarwal – One of our Senior Most Analysts and Editor of our Small Cap Recommendation Service – has just published her LATEST Special Report with full details on 3 Rare Steady Income Small Caps that you could consider buying BEFORE 23rd May.

….or maybe even sooner!

Because this opportunity might not last for very long!

Click Here To Find Out How You Could Get This Special Report…Right Away….And Virtually FREE!
------------------------------

When bought at reasonable valuations...they can be the best compounding vehicles.

But dividend investing is hardly this simple.

A company that borrows to pay you dividends is unlikely to add any value to your portfolio. Also, you can't just bet on the stocks with high dividend yield. You must make sure that these dividends will keep flowing.

The key is to bet on bargain stocks with solid fundamentals, that are led by competent and ethical managements, and offer healthy dividends too. My recent report - Steady Income Smallcaps shares 3 such dividend multibaggers opportunities.

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Warm regards,

Richa Agarwal
Richa Agarwal
Editor and Research Analyst, Hidden Treasure

PS: Bet on these high potential small caps with regular pay cheques... get our Steady Income SmallCaps report with 3 dividend stocks you could consider buying right away.

Recent Articles

Is Your Portfolio Ready for Another 5 Years of Modi? May 22, 2019
Do this and whichever way the market goes tomorrow - you will be well prepared for the opportunities it throws up.
Exit Polls May Go Wrong, These Stocks Won't May 21, 2019
Markets give thumbs up to exit poll results suggesting clean sweep for NDA... Here's why you should take them with a spoonful of salt.
This is What the Market is Ignoring about the Exit Polls... But You Shouldn't May 20, 2019
Regardless of who occupies 7, Race Course Road next, this is what you should do with your investments.
Indian Steel: The Perfect Multibagger Opportunity May 17, 2019
A structurally strong Indian Steel Industry will help India achieve 8%+ GDP growth in the coming years.

Equitymaster requests your view! Post a comment on "3 Stocks to Bet on to Become a 'Dividend Millionaire'". Click here!

3 Responses to "3 Stocks to Bet on to Become a 'Dividend Millionaire'"

Suhas Kulkarni

May 19, 2019

Please provide me with the report in detail then I will post my comment.you are taking me round and round.

Like (1)

R.Anandakumar

May 15, 2019

Please provide the 3 stocks details
Thanks
R.Anandakumar
9791048016

Like (1)

Meenakshi BT

May 14, 2019

Which are those three companies?

Like (6)
  
Equitymaster requests your view! Post a comment on "3 Stocks to Bet on to Become a 'Dividend Millionaire'". Click here!