From the Inside Flap
"Dividends may not be the only path for an individual investor'ssuccess," says Josh Peters, editor of the monthly MorningstarDividendInvestor newsletter, "but if there's a better one, I haveyet to find it."
Many people believe that the key to success in the stock marketis buying low and selling high. But how many investors have thetime, talent, and luck to earn consistent returns this way? In TheUltimate Dividend Playbook: Income, Insight, and Independence forToday's Investor, Peters shows you why you don't have to try tobeat the market and how you can use dividends to do the heavylifting.
What exactly are dividends? Basically, a dividend is a transferof assets, almost always cash, from a corporation to itsshareholders. Not all corporations, even those with enormousprofits and sizable cash reserves, are willing to pay them out toshareholders, but many corporations do. Some pay out only a little,while othersthe kind of companies this book tells youaboutpay out a lot, thereby setting the investor free fromfickle market prices and unreliable capital gains.
This practical resource focuses on three essential elements:income, information, and independence. Most investors are familiarwith income, but what you may not know is that dividends conveycrucial information like a company's financial health and growthprospects, and that an investment strategy using dividends anddividends alone offers rewards not subject to the whims of WallStreet.
So let others chase capital gains, add up their statementvalues, and try to time the market. Dividends are the ultimatesource of a stock's value for shareholders. The Ultimate DividendPlaybook will help you frame an approachemotional as much asintellectual or financialand assemble a portfolio ofwell-chosen, dividend-rich stocks that can deliver the income andgrowth you seek.
From the Back Cover
The Ultimate Dividend Playbook
Dividends may be the most misunderstood aspect of investing instocksto the extent people bother to understand dividends atall. As editor of the monthly newsletter MorningstarDividendInvestor, Josh Peters offers sound advice on the long-terminvestment of capital with dividends as the guide.
Now, in The Ultimate Dividend Playbook: Income, Insight, andIndependence for Today's Investor, Peters takes a fresh look atdividend-paying stocks and equips the individual investor forfinancial success through his dividend-achieving approach. He showshow to put the three dividend plays of income, insight, andindependence into practice so that dividends will put cash in yourpocket regardless of the fads and failings of Wall Street. Petersalso takes you through the insides of a corporation and the factorsthat allow it to pay and raise dividends, tells how to separatesafe dividends from risky ones, and explains how to construct aportfolio of dividend-paying stocks to meet your financialneeds.
Filled with in-depth insights and practical advice, The UltimateDividend Playbook will help investors find high-quality,dividend-paying stocks to fortify their portfolios for the longhaul.