The Dividend Rich Investor: Building Wealth With High-Quality, Dividend-Paying Stocks [Hardcover]

Joseph Tigue (Author), Joseph Lisanti (Author)

Book Description

Publication Date: November 1996 | ISBN-10: 0070646392 | ISBN-13: 978-0070646391

Smart investors know that the safest way to build wealth is to buy stocks that consistently pay dividends. Now Standard & Poo's the nation's leading securities information company, has distilled this sound investment philosophy in "The dividend rich investor". This user-friendly guide: shows why dividends are important part of the investment equation; tells what to look for in a dividend-paying stock; provides a valuable list of stocks showing dividend leaders; and includes a free trial subscription to The outlook, S&P's weekly investment newsletter.#FDEIn addition, insider interviews with famous investors who use dividends-based stock picking, corroborate the book's prudent investing philosophy that the tortoise investor (seeking total return, the combination of dividends and appreciation) will beat the hare (aggressive growth) investor over time.

Editorial Reviews

From the Back Cover

BONUS! Includes a free four-issue trial subscription to The Outlook, S&P's weekly investment newsletter Even the smartest investors sometimes overlook this proven fact: The safest way to build wealth is simply to buy stocks that consistently pay dividends. The authors, in conjunction with Stand & Poor's, the nation's leading securities information company, have distilled this sound investment philosophy into a user-friendly guide that... Show you why dividends are a vital part of the investment equation; Tells you what to look for in a dividend paying stock; Contains valuable lists of stocks that help you pinpoint the dividend leaders; And even provides sample portfolios for people who want (or need) to live on their dividend income. The authors argue persuasively that dividends are excellent tools for analyzing conservative stock investments. What's more, they'll demonstrate that a portfolio of dividend-paying stocks can cut down on the overall volatility of your investment holdings.

About the Author

Joseph Tigue is Managing Editor of Standard & Poor's investment advisory newsletter, The Outlook, as well as Editor of S&P's Directory of Dividend Reinvestment Plans. Mr. TigueÕs frequent appearances in the business media have included NBC, CNBC, CNN, PBS, the BBC, and various radio shows. He lives in Westbury, New York. Joseph Lisanti is Senior Editor of Standard & Poor's The Outlook. Prior to joining S&P in 1989, Mr. Lisanti was Senior Editor of PhysicianÕs Financial News and Managing Editor of Fact: The Money Management Magazine. He lives in New York City and Great Barrington, Massachusetts. --This text refers to an out of print or unavailable edition of this title.

Product Details

• Hardcover: 225 pages
• Publisher: Glencoe/Mcgraw-Hill (November 1996)
• Language: English
• ISBN-10: 0070646392
• ISBN-13: 978-0070646391
• Product Dimensions: 8.1 x 5.4 x 1 inches
• Shipping Weight: 10.4 ounces
• Average Customer Review: 4.6 out of 5 stars  See all reviews (7 customer reviews)
• Amazon Best Sellers Rank: #1,319,548 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

14 of 15 people found the following review helpful:

5.0 out of 5 stars Best investment advice, January 20, 2000

By 

Chris Wong - See all my reviews
(REAL NAME)   

This review is from: The Dividend Rich Investor: Building Wealth with High-Quality, Dividend-Paying Stocks (Paperback)

The dividend investing approach illustrated in this book is perhaps the most under-rated, under-promoted investment strategy. It's not as exciting as investing in internet stocks, but it's very easy to implement and it can create an amazing income for life. I especially recommend this book for young investors.

20 of 23 people found the following review helpful:

4.0 out of 5 stars Highly recommended for beginners, June 17, 2000

By 

Michael Mendenhall "september17th" (Monterey, CA United States) - See all my reviews
(REAL NAME)   

This review is from: The Dividend Rich Investor: Building Wealth with High-Quality, Dividend-Paying Stocks (Paperback)

It's not exactly the most glamorous way to invest in stocks, but selecting good quality dividend paying stocks is a great way to earn passive income over a long period of time.

This book contained a few lists of stocks with average yields and so forth which I found helpful, but the sheer amount of numbers became mind numbing at times. Overall, I found some really good information in here about how to select reliable dividend paying stocks and which ones to avoid. Some of the issues covered were companies that regularly increase their dividend yield, how to aggressively buy stocks in companies which have actually cut their dividend recently. I was surprised that the authors advocated buying stocks with low, but increasing yields. After reading that chapter, I can see their point. If you want to chase high growth, high paying stocks, don't go for dividend paying stocks.

I'm giving this book 4 stars because I think it provides much valuable, but basic, information. This book will only appeal to novice or beginning investors who know little or nothing about dividend paying stocks. If you're more of an advanced investor who likes buying high flying Internet stocks, you can skip this book. Dividend investing is a very conservative, long term investment method, and if that's what you're looking for, by all means buy this book.

7 of 7 people found the following review helpful:

5.0 out of 5 stars Dividends, the key to investing success.., January 3, 2005

By 

Mr. M. J. W. Montgomery (Luxembourg) - See all my reviews
(REAL NAME)   

This review is from: The Dividend Rich Investor: Building Wealth with High-Quality, Dividend-Paying Stocks (Paperback)

This is a very good book, and simple to read for even novice investors. A note, the entire book deals only with US listed stocks, so, to buy any of the stocks listed here, you need a broker with access to US markets.

The book covers compounding of dividends, a very, very important subject. It also warns about selecting stocks with yields that are too high, and unlikely to be maintained, or stocks which have a high yield, but are cyclical.

This is a very good book, for anyone, who might be considering thier retirement investment strategy.

A word of warning: This book is not about returns of 2000% per annum. Dividends are dull and boring. But, they make a good basis for investment.