5 Dividend Stocks Back from the Dead

5 Dividend Stocks Back from the Dead https://youtu.be/BgrPALWWPxg These five stocks made dividend cuts but are coming back from the dead. That could mean huge double-digit returns and stronger dividend yields for investors going forward! Check out the stock simulator and Get a FREE share of stock worth up to $1000 when you open a Webull investing account with a $100 deposit! 🤑 https://ift.tt/2M1qRd4 2020 has been a dividend investor’s nightmare with more than 770 dividend stocks cutting or pausing their payout already. More than 63 dividend-paying companies in the S&P 500 have already cut, the most since 2009, and more are expected. Every sector has been hit by the dividend disaster, not just energy stocks or tourism-related. I’ve found utilities companies that cut their dividend…and those are supposed to be the safest dividend-paying businesses around. But there’s actually an opportunity in this for dividend investors. When that dividend yield is cut, it usually means a huge plunge in the stock price. So if you can find dividend stocks ready to reinstate their payments then you can collect a higher yield while watching the stock price rocket higher! Researching the companies cutting or pausing dividend payments, I found that many were just management trying to be overly cautious. They still have strong cash flow but are maybe looking at one segment of the business that could get hit…and they want to make the hard decisions to protect cash while they can. These are perfect candidates to increase the dividend back up and see their stock price rise along with it. So in this video, I’ll show you how to find these dividend-rebound stocks. I’ll share the cash flow metrics and ratios I use and how to know if a dividend stock can afford its payment. I’ll then reveal five income stocks to buy right now. I start off by going to the Statement of Cash Flows, the most important of the three financial reports. This statement will show you the cash flow from operations and the free cash flow of the company. The cash flow from operations (CFO) is the key cash-generating power of the company. Only a company that is creating cash from its core business will have any available to pay a dividend. Free Cash Flow (FCF) is a measure of the operating cash flow left over after maintenance and investment spending back into the company. It’s a great measure of how much cash the company has available for the dividend. Companies with stable or rising free cash flow will not only survive that dividend cut but will be able to increase the payment again. I’ll also compare the company’s operating expenses against cash held on the balance sheet to make sure the company has the cash-on-hand to survive and eventually restart its dividend. I know this sound like a lot of work and a lot of analysis but it’s the only way to take advantage of this opportunity in dividend stocks and make sure you’re investing in the best. Join the conversation in our private Facebook Group! https://ift.tt/2SL3NCQ My Investing Recommendations 📈 📊 Download this Portfolio Tracker and Investing Spreadsheet! [Community Discount Code] https://ift.tt/2IaUgA4 Free Webinar – Discover how to create a personal investing plan and beat your goals in less than an hour! I’m revealing the Goals-Based Investing Strategy I developed working private wealth management in this free webinar. Reserve your spot now! https://ift.tt/2TbmwcK SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you. https://ift.tt/2zsdiOe Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps. Let's Talk Money! with Joseph Hogue, CFA