HOW TO IDENTIFY COMPANIES THAT PAY DIVIDENDS
Identifying companies that pay dividends can be somewhat challenging but the trauma of investing in a non-rewarding stock is more challenging. Though financial advisors are there to guide their clients towards making the right financial decisions, every investor should still have some basic knowledge of investments they are committing their resources to.
If you are interested in investing in stocks, it is expedient for you to be able to identify dividend-paying stocks. To do this;
1. Research financial news sites and apps. There are many of them on the Internet that provides up-to-date data on the dividend yield of different companies. Examples are Investopedia’s Markets Today, CNBC, Wall Street Journal, Morning star, etc.
2. Check brokerage accounts: Many stock brokerage companies provide information online to their customers. Some even offer screeners to help the intending client make informed decisions.
3. Check the Securities and Exchange Commission: In well-developed countries, it is mandatory for publicly traded companies to give a report on the dividends they pay to their investors either on a quarterly basis or on an annual basis. This document can also serve as a guide.
You can also use websites like bloomberg, motley fool, seeking alpha and also follow reputable finance companies to get information on companies that pay dividends.