You need time to get returns but you also need to be careful in terms of the price you pay for your investment. Only at cheap stock prices, you will make a high total return in the years to come.
I recently ran a stock screen to uncover income investments that fit the following criteria:
- Comfortably profitable
- Larger than $1 billion in market value
- Trading for a price-to-earnings ratio of less than 7.5x next year’s earnings
- A dividend yield of more than 3%
A number of companies popped up, including some volatile picks or overseas companies that only pay dividends once or twice a year.
These are the results...