Top Criteria For Choosing A Dividend Stock - Double Digit Dividend Yields

I learned many lessons after reading 'Get rich with dividends - A proven system for earning double-digit returns' by Marc Lichtenfeld. I highly recommend that any dividend investor read this book to appreciate and understand dividend investing. The most important thing I learned was that the top criterion for choosing a dividend stock is the dividend per unit (DPU) growth rate of the dividend stock. Increasing Dividend Yields A dividend company with a yearly DPU positive growth rate will ensure that your dividend yield will only increase the longer you hold onto the stock. With sufficient time, this snowball compounding effect can potentially increase your dividend yield to double-digit yearly returns. A classic example would be owning shares of DBS stock. An investor who bought DBS stock 10 years ago is yielding at least close to a 20% yearly dividend yield due to DBS's yearly DPU growth rate. The further back you go, the higher the dividend yield becomes. An investor w...