We have a winner! As we close out Week 1 of The 4 Weeks of Dividend Winners, I am pleased to announce the randomly selected winner of Christopher H. Browne’s The Little Book of Value Investing. Congratulations to Four Pillars of Quest for Four Pillars. I will be in touch shortly.
Now onto this week’s giveaway book, which is The Single Best Investment: Creating Wealth with Dividend Growth. This is one of my personal favorite dividend investment books simply because of its no nonsense approach to investing in the search for high dividend stocks. In a nutshell, Miller summarizes his approach as high quality companies plus high current dividend plus high dividend growth equals good returns for an investor. There a lot of reviews from other personal finance and investment bloggers – have a look here, here, and here.
How to Win the Book!
To enter the giveaway this week, you need to submit a comment to this post. However, there is a catch. In the comment, I would like you to provide me with your favorite dividend stock. You don’t need to tell me why, but I would love to hear it! I know my readers are always looking for good investing ideas so this should be interesting. I look forward to hearing from you!
Good luck on this week’s giveaway!
Jim Smith
ACAS
FourPillars
Thanks a lot for the book. Maybe I can go for the sweep???
My favourite dividend stock is the only one I own – BMO (Bank of Montreal). I like it because it’s one of the big five banks and is pretty safe. I use it in my leverage portfolio so I want safety and a reasonable yield in order to help pay the interest costs.
Mike
Matt
I’ve got two I’m fond of:
Barclay’s (BCS) and Apollo Investments (AINV).
Frog of Finance
Me, me me! ;O)
My current favorite is Bank of Nova Scotia (BNS). I think that with the international exposure (Central and South America, as well as Asia), they are well-positioned to keep improving their revenus (and thus dividend) for many years.
Neil
My favorite dividend-paying company is Realty Income (O).
RM
My current fave is BAC
Andrew
I used to like AEP, but their yield has gone down a lot in the last few years. I think something like CSE is a good buy now, but it remains to be seen if they will keep up with the dividends of the last couple years.
telly
My favourite right now is JNJ.
moneygardener
Manulife Financial (MFC), close second to Royal Bank of Canada (RY) and Investors Group (IGM).
Gary
Ah! a chance to win something! My choice is BAC or Bank of America with a dividend of $2.56 at $50.50 and sell a covered call.
Joe
I really hope I win this book!!! My favorite dividend is George Weston Limited (WN) 🙂
Gabor
MO
The Div Guy
My favorite stock is DSX. Diana Shipping is a dry bulk shipper.
Jean Baillargeon
My best dividend stock is Royal Bank of Canada ( RY ). I also like Watsco ( WSO ) for the growth.
Anton
RY would be my pick
Aaron
My favorite dividend stock is Johnson and Johnson (JNJ). JNJ is one of the kings of raising dividends year in and year out, and has a beautiful balance sheet.
Marshall
Home Depot is my favorite stock that provides dividends
Canmar
My favorite dividend player is RY; a market leading position in Canadian banking, rapidly expanding internationally, and has a history of rising dividends.
giggsy
JNJ tops ’em all.
ROIC: 25%+ avg/year
ROE: 27%+ avg/year
Net Profit Margin: 19%+ avg/year
Best of all: 14% dividend growth per year
Giggsy: “united is life”
Mark
Mine is BAC. I’ve invested regularly in that one, MO and JNJ for almost ten years now – reinvesting all dividends of course. But BAC has been great with its returns and building of shares. MO’s legal problems made it too jumpy for me, and JNJ’s been rather stagnant for a long time.
Mr P
My fav. div stock is DVY cause it combines a lot of good companies who pay and increase their dividends consistently.
The Div Guy
giggsy,
I love JNJ as well and own shares but take a look at DSX one year chart.
GoofyBoy
CIBC
Eileen
My favorite dividend stock Royal Bank of Canada (RY)
the baglady
My favorite dividend stock is ACH and also PCU. unfortunately I sold PCU too early. I also had TNH in my fake portfolio about 2 years ago and forgot about it and it gained over 400%. I’m so sad I didn’t buy it.