Dividend stocks that pay you weekly would be a great investment strategy for those that need dividend income to get by, or those that want to build their portfolio rapidly.
Although there are no dividend companies paying weekly checks. There is a way to receive weekly dividend checks from many different companies using an old trading strategy known as dividend capturing. Dividend capturing is when you buy a stock before the ex-date and sell after date of record in order to collect the dividend payment. There is an old mis-conception that you need to hold on to the stock all year to collect dividends. Not true. You only need to own the stock on the date of record. To collect many checks you need to buy before the ex-date and sell after the date of record... that is usually 2-3 days. Sell for small profit and move on to the next dividend paying stock.
There are over 3500 companies paying out dividends this year and there are 252 trading days in which to do this. Finding the right stock to buy is just as easy. Stick to a proven winner... a stock that has done the same move over and over, year after year. here are plenty of them out there. The Dividend Aristocrats are a great place to start. The Aristocrats have been increasing their dividend payout for over 25 years. The Dividend Kings have been increasing their payouts for over 50 years. There are 2 lists of great stocks to start with. Also think about using our dividend calculators to help sort through and find the best stock
Just out of high school I decided to be self employed, after running a successful manufacturing business I had a problem of making more money than I knew what to do with. I started investing, after 23 years of investing I now want to share my strategy with a select few that want an extra edge in their own investing.