Zacks Market Edge: Strategies for $100 Monthly Dividend Stocks Zacks Market Edge: Strategies for $100 Monthly Dividend Stocks

Updated On: April 8, 2024 9:59 am

Press Release

Chicago, IL – April 8, 2024 – Zacks Market Edge, a renowned podcast helmed by Zacks Stock Strategist Tracey Ryniec, delves into the world of investing every week. With a focus on stocks, bonds, and ETFs, Tracey and guests provide insight into how your investment decisions impact your financial journey. To tune in to the podcast, check out the link here.

Unveiling the Secrets to Earning $100 a Month Through Stocks

Welcome to Episode #396 of the Zacks Market Edge Podcast.

(0:45) – Learning From The Income Investor Portfolio
(7:30) – Why Are Dividends So Important To Your Investing?
(17:45) – How To Identify A Strong Dividend Paying Company?
(26:30) – Where Should You Be Looking To Invest For Dividends Stock?
(44:00) – Episode Roundup: KEY, VICI, META, XOM, LLY, MDC
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For a chance to make $100 a month, or $1200 annually, investing in stocks might be your golden ticket. Tracey and Bryan Hayes, Zacks Stock Strategist and editor of the Income Investor newsletter, share their wisdom on crafting a stock portfolio that delivers a steady income.

Seeking a $100 Monthly Return

At first glance, a mere $100 a month might seem trivial, but the path to this income stream may require a more substantial investment than anticipated, considering varying stock yields that influence the outcome.

This discussion revolves around individual stocks, emphasizing the potential to not only earn $1200 yearly but also benefit from stock price appreciation.

In their analysis, Tracey and Bryan scrutinized five large-cap stocks, given their tendency to pay dividends reliably and increase payouts consistently.

Where should one focus to secure $100 monthly, translating to $1200 annually?

Five Reputable Dividend-Paying Stocks to Explore

1. VICI Properties Inc. VICI

VICI Properties boasts a portfolio of 93 experiential properties, including prominent gaming establishments like Caesars Palace Las Vegas and MGM Grand. With an annual dividend of $1.66 per share, yielding 5.6%, acquiring 722 shares at a total cost of $21,267 could secure you an annual $1200 income.

Could VICI be a solid contender for REIT enthusiasts?

2. KeyCorp KEY

Headquartered in Cleveland, OH, KeyCorp, a regional bank with a market capitalization of $14.3 billion, has experienced turbulent times recently. Despite a 30% drop in shares over two years, a potential turnaround is on the horizon with a 5.3% dividend yield through an annual $0.82 payout. To reach a $1200 annual income from KeyCorp alone, acquiring 1463 shares at $22,375 is necessary.

Is KeyCorp a hidden gem waiting to thrive?

3. Meta Platforms META

Meta Platforms shocked the market by initiating a quarterly dividend, marking its foray into dividend payments. However, with a modest 0.4% yield and an annual $2.00 per share dividend, amassing 600 shares at a hefty $296,412 investment is required to hit the $1200 benchmark.

Should Meta Platforms still appeal to passive income seekers despite its low yield?

4. ExxonMobil Corp. XOM

ExxonMobil, a behemoth in the energy and chemical sectors, stands as a dividend aristocrat raising dividends for 41 consecutive years. With a 3.3% yield and an annual payout of $3.80 per share, purchasing 315 shares at $37,443 can secure a $1200 yearly passive income.

With ExxonMobil shares surging 18.6% year-to-date, are energy stocks a prudent choice for passive income endeavors?

5. Eli Lilly and Co. LLY

A major player in the pharmaceutical realm, Eli Lilly’s journey with a weight-loss drug adds intrigue. While not part of the dividend aristocrats due to stagnant payouts during 2009-2014, Eli Lilly offers an annual $5.20 per share dividend, yielding 0.7%. The need to purchase 230 shares at $175,346 to realize a $1200 yearly return from Eli Lilly raises vital considerations.

Does Eli Lilly merit inclusion in income-focused portfolios?

Exploring Dividend Stocks for a $100 Monthly Goal

For a comprehensive understanding of dividend stock ownership and pursuing a $100 monthly income, catch this week’s video podcast.

Curious about Zacks’ Top Picks?

Since 2000, Zacks’ top stock-picking strategies have outperformed the S&P’s annual gain of +7.0% significantly, boasting average annual gains of +44.9%, +48.4%, and +55.2%. Access their current picks at no cost or commitmenthere.

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Zacks Investment Research: Uncovering Hidden Gems in the Market

The Rise of Hidden Gems in the Market

Discovering Lucrative Opportunities

Amidst the hustle and bustle of Wall Street, a different story is brewing. Zacks Investment Research recently unveiled an intriguing report, highlighting five under-the-radar stocks with the potential to double in value. This curated selection, handpicked by Zacks experts, promises a journey to remarkable gains – up to a staggering +673.0% as seen in past recommendations.

Uncovering Wall Street’s Blind Spots

While the majority of stocks capture the limelight on Wall Street, these hidden gems lie quietly in the shadows, awaiting discovery. With previous recommendations boasting growth percentages that defy the norm, these underappreciated stocks offer investors a prime opportunity to strike gold.

Seizing the Moment

For astute investors looking to capitalize on the underexplored corners of the market, now is the time to act. Zacks’ expertly curated report signifies more than just a list of stocks; it symbolizes a gateway to potential financial success and wealth accumulation.

Handpicked from various sectors and meticulously examined by Zacks analysts, these stocks represent the epitome of hidden potential in an ever-evolving market landscape.

If you’ve been eyeing the financial market with caution or waiting for the right moment to dive in, this might just be the golden ticket you’ve been searching for. Don’t be left behind while these stocks pave a path to prosperity; instead, grab the opportunity with both hands and embark on a journey to financial growth and stability.

Embracing the Promise of Hidden Opportunities

Unearthing hidden gems in the stock market is akin to discovering buried treasure – the thrill of the hunt combined with the promise of unimaginable riches. Zacks Investment Research has opened the door to a realm where potential knows no bounds, beckoning investors to step into the realm of possibilities and reap the rewards of foresight and shrewd decision-making.

For those seeking to navigate the often turbulent waters of the stock market, these underrated stocks represent a beacon of hope in an otherwise chaotic financial world. As the saying goes, fortune favors the bold – and by taking the plunge into these unforeseen opportunities, investors may just unlock a future filled with financial success and stability.

It’s moments like these that define the journey of an investor – the choice to seize opportunities when they arise, to embrace the unknown, and to trust in the expert guidance of institutions like Zacks Investment Research.