If you’re looking for steady income and safety, it’s always a good idea to jump into dividend stocks – especially if they’ll pay you every week just to hold a position.
Look at the AAPL WeeklyPay ETF (SYM: AAPW), for example.
With an expense ratio of 0.99%, the ETF pays weekly distributions that correspond to 120% the calendar week total return of Apple. All by investing in total return swap agreements and Apple stock. Plus, it just paid a dividend of just over 75 cents per share on July 15 to shareholders of record as of July 14. Before that, it paid a dividend of just over 22 cents on July 8.
And it paid a dividend of $0.264833 for the week of June 10.
PLTR WeeklyPay ETF (SYM: PLTW)
With an expense ratio of 0.99% and a weekly dividend, the PLTR WeeklyPay ETF also offers weekly income to shareholders. Like the other ETFs, it also invests in swap agreements and Palantir stock. It just paid a dividend of just over 64 cents on July 15. Before that, it paid out a dividend of just over 49 cents on July 8.
It also mirrors the actions of Palantir, which has also been explosive.
NVDA WeeklyPay ETF (SYM: NVDW)
With an expense ratio of 0.99% and a weekly dividend, the NVDA WeeklyPay ETF also offers recurring income for shareholders. It also does so by investing in swap agreements and the Nvidia stock. It just paid a dividend of just over 47 cents on July 15. Before that, it paid out a dividend of just over 51 cents on July 8.
Fueling upside in Nvidia and the NVDW ETF, the Senate Finance Committee just approved an amendment that increases the semiconductor tax credit from 25% to 30%. Plus, analysts at Barclays just raised their price target on NVDA to $200 with an overweight rating.
TSLA WeeklyPay ETF (SYM: TSLW)
With an expense ratio of 0.99% and a weekly dividend payout, the TSLA Weekly Pay ETF also invests in swap agreements and Tesla stock. It just paid a dividend of just over 38 cents per share on July 15. Before that, it paid out a dividend of just over 46 cents per share on July 8.
Editor's Choice: Millionaire CPA: Put all your money in these 3 stocks, just like me
Normally, I don't talk about what I'm doing with my own money.
But we are at a critical moment in the markets right now.
And I see so many people making huge mistakes, which I believe will cost them hundreds of thousands – or even millions – of dollars in the next few years.
So I told my team I want to put together a presentation that spells out exactly what I'm doing with most of my money now, and what I'm recommending to my own family and friends.
I essentially own just 3 stocks—and I want to show you what they are and why I have so few holdings... plus I think you should own just these 3 stock investments for your core holdings too.
You don't need dozens of stocks—you just need these 3.
You can watch the presentation that we just recorded in Boston, on our website—click here to view.
Found this helpful? Share it with others.
Written by Ian Cooper
