SUPER HIGH YIELD DIVIDEND STOCKS (Passive Income Right NOW)

Sometimes, investors just want massive dividend income (cash flow) right now! Today's video covers several dividend stock investments that offer superior dividend yields for the passive income investor. I cover individual dividend stocks, ETFs (exchange traded funds), and a few unconventional investments too. Get ready for an exciting video!
#dividend #stock #investing

Timestamps:
0:00 Introduction
1:51 HIGH-YIELDING DIVIDEND INVESTMENT 1: QYLD ETF (Global X NASDAQ 100 Covered Call ETF)
2:15 QYLD has a dividend distribution yield right now of 12.13%.
2:20 They pay their dividend distributions monthly.
3:10 How does it work? QYLD earns income by writing covered calls on the NASDAQ 100.
5:26 Stock (ETF) chart analysis. The ETF has traded sideways the last 5 years, but has actually gone down since 2013 inception (a potential red flag).
7:30 The taxes of QYLD can get a bit complex. Taxes include short erm capital gains, long term capital gains, and also return of capital.
9:10 Pros and cons of QYLD ETF
10:00 HIGH-YIELDING DIVIDEND INVESTMENT 2: XYLD ETF (Global X S&P 500 Covered Call ETF)
10:34 XYLD yields a staggering 9.20%, and offers monthly dividend distributions.
11:33 XYLD share price (NAV) is holding underlying value. I like this one better than QYLD for my personal situation.
13:12 Pros and cons of XYLD ETF
13:36 From time-to-time the ETF does dip.
15:22 HIGH-YIELDING DIVIDEND INVESTMENT 3: Universal Corporation (UVV) Dividend Stock
16:07 UVV dividend yield is 5.2% (qualified dividend)
17:17 UVV has a nice element of dividend growth
18:08 Over the very long-term this stock has an element of capital appreciation.
19:14 In my opinion, this company has an amazing balance sheet. They are trading just above book value.
20:12 UVV dividend stock pros and cons.
21:24 Diversification is key with a high-yield dividend stock portfolio.
21:42 UVV is exploring growth opportunities in adjacent industries.
22:18 In-depth balance sheet analysis. An example of a really strong balance sheet.
22:52 I love the property, plants, and equipment (and I think they may carry it really low)
24:36 HIGH-YIELDING DIVIDEND INVESTMENT 4: Other Alternative Stocks
25:39 These stocks offer upside
26:04 Key Note: Be very careful about yield traps when looking for high-yield stocks.
28:12 HIGH-YIELDING INVESTMENT 5: STABLECOINS
28:45 What is a Stablecoins?
29:44 Check out my referral URLs in the pinned comment. (Disclosure: I am an affiliate of BlockFi and Voyager.)
32:27 DISCLOSURE AND DISCLAIMER

Check out my brand new crypto channel where I discuss crypto investing for cash flow:    / @ppciancrypto  

DISCLOSURE: I am a BlockFi affiliate. I am a Voyager affiliate.

DISCLOSURE: I am long Universal Corporation (UVV), Altria (MO), Philip Morris (PM), AbbVie (ABBV), and Danone (DANOY). I own these stocks in my personal stock portfolio. I am also long Bitcoin (BTC), US Dollar Coin (USDC), and Gemini US Dollar Coin (GUSD).

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