Get Rich with Dividends

MARC LICHTENFELD is the Chief Income Strategist of the Oxford Club and Editor of the Oxford Income Letter where he runs the Instant Income, Compound Income, and Retirement Catch-Up/High Yield Portfolios. Marc is also the founder and editor of Dividend Multiplier, the Oxford Systems Trader, and Lightning Trend Trader. A featured speaker at investment conferences, he has spoken about dividend investing at meetings all over the world. Marc is often featured on national media. He appears regularly on CNBC, and his work has appeared on WSJ.com, Marketwatch, and U.S. News & World Report among others. Marc is also the only published financial analyst to ring announce world championship boxing and mixed martial arts on HBO, Showtime, and ESPN.

Preface xi Chapter 1 Why Dividend Stocks? 1 Y all Must ve Forgot 4 Marc Lichtenfeld s Authentic Italian Trattoria 7 The Numbers 9 Keeping Up with Inflation 12 The 10 11 12 System 13 Summary 15 Notes 15 Chapter 2 What Is a Perpetual Dividend Raiser? 17 Dividend Aristocrats 18 The Index 19 The Champions 21 Junior Aristocrats 23 Survivorship 26 Summary 27 Chapter 3 Past Performance Is No Guarantee of Future Results, but It s Pretty Darn Close 29 Performance of Perpetual Dividend Raisers 32 How Do Bonds Compare? 47 Are You an Investor from Lake Wobegon? 50 Summary 54 Notes 54 Chapter 4 Why Companies Raise Dividends 57 Buybacks versus Dividends 58 Management Speaks 62 Attracting the Right Shareholders 65 Signals to the Market 69 Summary 70 Notes 71 Chapter 5 Get Rich with Boring Dividend Stocks (Snooze Your Way to Millions) 73 How Much Do You Want to Make? 73 Summary 85 Note 85 Chapter 6 Get Higher Yields (and Maybe Some Tax Benefits) 87 Buying $1 in Assets for $0.90 87 MLPs 94 REITs 96 BDCs 97 You Don t Have to Play Mahjong with Mrs. Zuckerberg 99 Preferred Stocks 101 Summary 103 Chapter 7 What You Need to Know to Set Up a Portfolio 105 The Oxford Income Letter Portfolio An Example 107 Setting Up the Portfolio 110 Yields 114 Payout Ratio 116 Dividend Growth Rate 121 Special Dividends 125 Summary 128 Note 128 Chapter 8 The 10 11 12 System 129 Yield 129 Dividend Growth 130 Payout Ratio 131 Formula 131 Numbers 143 When to Sell 150 Summary 153 Chapter 9 DRIPs and Direct Purchase Plans 155 Summary 160 Chapter 10 Using Options to Turbocharge Your Returns 163 Covered Calls: The Espresso of Income Investing 164 Option Prices 167 Volatility: An Option Seller s Best Friend 168 Time Is on Your Side 169 Who Should Sell Covered Calls? 170 20% Annual Returns 171 Selling Puts 175 Summary 177 Chapter 11 Foreign Stocks 179 One Lump or Two? 180 Lumpy Perpetual Dividend Raisers? 182 Other Risks 184 Summary 186 Chapter 12 Taxes 187 Foreign Taxes 188 Tax-Deferred Strategies 189 Tax Law Changes 191 Summary 192 Note 192 Conclusion The End of the Book, the Beginning of Your Future 193 Glossary 197 About the Author 201 Acknowledgments 203 Index 205