MaxDividends Ideas: A Solid Bet for Long-Term Investors
3.8% Yield and 10% Dividend Growth
MaxDividends Mission: Help & support everyone on the way to build growing passive income, retire early and live off dividends
For dividend investors looking for opportunities with a side of strong growth. MaxDividends Stocks Ideas is a daily, in-depth look at companies that can be considered as dividend portfolio ideas. Don’t miss out on fresh stock picks and insights!
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Ready-to-go step by step weekly guide to achieving financial freedom.
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Posts & Podcasts with deep dives into the top dividend stocks we hold. Key points, current statement, perspectives and consensus.
My personal MaxDividends portfolios and short list with all the changes and updates weekly.
Comprehensive tools to help you on the way retire early and live off dividends.
Community Like-Minded Access
Stay in touch with me and other MaxDividends followers. MaxDividends community chat of like-minded who wants to live off dividends and retire early. Discuss ideas, share insights, build plans and set goals. Support, motivation, like-minded - all in!
💡 A company’s history of paying dividends and growing those payouts is a great roadmap for where it’s heading.
MaxDividends Ideas: A Solid Bet for Long-Term Investors
For investors seeking reliable dividend income and long-term growth, this financial giant offers a 3.8% dividend yield and has recently announced a 10% increase in its quarterly dividend, raising it to $0.76 per share.
With over $44.3 trillion in assets under custody and administration and $4.4 trillion in assets under management, this company remains a dominant force in global financial services.
That company is State Street Corporation (NYSE: STT)
Financial Score: 84 / 99
State Street Corporation, headquartered in Boston, and a leader in investment servicing, management, and research for institutional investors. State Street has demonstrated resilience with 13 consecutive years of dividend increases, consistently returning value to shareholders through steady income.
Financial Performance and Dividend Growth
In the second quarter of 2024, State Street posted impressive financial results, with revenues reaching $3.191 billion, a 2.6% increase year-over-year, driven by higher net interest income and a 6% rise in management fees.
The company’s EPS of $2.15 beat expectations, highlighting its strong earnings potential. Furthermore, with a payout ratio of just 51.69%, State Street has room to further grow its dividends while reinvesting in its business.
Additionally, the company’s Common Equity Tier 1 (CET1) ratio stands at 11.2%, indicating strong financial stability despite ongoing capital returns to shareholders.
State Street Corporation - Quick MaxDividends Team Overview
🟢 Statement: According to the latest reports, the company is currently showing financial profit.
🟢 Sales: Business sales are growing steadily, which indicates the stable development of the company
🟢 Profitability: Analysis shows that in recent years and to date, operating profit has been growing, there is good dynamics in this matter
🟢 Earnings: The dynamics of earnings per share are positive, the company shows good pace and stability in terms of profitability
🟢 Overall: The company's business has been successfully overcoming challenges for many years, which is confirmed by its stable profitability.Important Notice
If you want to stay on top of your portfolio's health, don't forget to check in on the financials of the companies you've invested in. The better shape they’re in, the better your results will be. Keep an eye on their quarterly and annual reports to see how they're performing.
Here is a quick dive into State Street Corporation financials over last years
The strongest and most stable companies tend to have a Financial Score of 80+, with the very best ones hitting 90+. If you see that score start to dip below 80, that’s your cue to consider jumping ship before things get worse.
👉 Learn more about Financial Score
This is just the free version of MaxDividends. In the Premium version, our members get access to a curated watchlist of 19,000 companies worldwide, all scored by our team on a regular basis. Companies like State Street Corp are on that list, too!
Interesting Fact
A Legacy That Spans Over Two Centuries
Founded in 1792, State Street Corporation is one of the oldest financial institutions in the United States.
Initially established to manage merchant funds in Boston, it has since grown into a global financial powerhouse with over 53,000 employees worldwide. This legacy of trust and reliability positions State Street as a key player in global finance.
Top 3 Competitors
BlackRock Inc
Olympia Financial Group Inc
T. Rowe Price Group Inc
Conclusion
A Top Pick for Long-Term Dividend Investors
With a Financial Score of 84 / 99, State Street Corporation stands out as a prime option for long-term dividend investors.
The company’s strong dividend yield, steady financial performance, and historical stability make it an attractive choice for those seeking reliable income and growth potential.
For those looking to add a resilient financial stock to their portfolio, State Street is well worth considering but don’t forget to keep an eye on Financial Score.
Buy State Street Corp Now?
To get the most from your investments it is always better identify time the company undervalued or at least fairy valued.
This is a free version of MaxDividends. In Premium version you’ll get access to clear signals of the intrinsic value of company at the moment.
Unlock MaxDividends Premium to get access to the most promising dividend ideas and tools with MaxDividends like-minded.
We've got exciting opportunities for you—and here's the kicker, they’re currently undervalued.
These stocks are trading at a discount, and smart investors know this is where the real opportunity lies. Right now is the best moment to jump in before the market catches up.
More Ideas
No one wants to work forever, and the question of financial security becomes more pressing. Can we really count on enjoying life after retiring, without having to find another job just to make ends meet?
MaxDividends Key Concept
Predictability in important things is the foundation of peace of mind. Peace of mind is the basis of financial well-being. MaxDividends is all about peace of mind.
At MaxDividends, we focus on a undervalued high yield dividend stocks and dividend growth strategy.
It’s a great fit for investors who want capital appreciation, a decent level of safety, and growing income.
As the name suggests, dividend growth investing is all about finding stocks that pay dividends and can keep growing them over time.
👉 Max’s Portfolios with all updates and ideas
MaxDividends Stocks are Unique
They not only provide income but have a strong track record of increasing that income over the years.
Plus, investing in companies that consistently raise dividends has historically been a solid strategy.
Do you know what is the power of the MaxDividends strategy? It is that even if I stop investing right now, my dividend income will continue to grow. And even a conservative forecast says that in the next 10 years the growth will be 4 times.
👉 Full list of MaxDividends Stocks
My High Yield Dividend Growth Story
Retire Early and Live Off Dividends. $12,000 monthly for 120 months
My name is Max, nice to meet you! I am an entrepreneur, dad to three, and a private investor in stocks. Pick up high-yield dividend growth stocks to live off dividends and retire early.
The idea of growing passive income typically dawns on us when we realize we’re no longer in our twenties. For me, this realization hit around age 35. I don’t plan to run a business my entire life—I have big plans for other areas of my life too. I enjoy writing, blogging, and sharing my experiences. Retire early before 50 is the main mission for me now.
Ten years ago, I started investing in growth stocks. By now, the capital from those investments and my past savings have allowed me to start implementing my planned strategy. In the early years, I focused primarily on growth stocks, but over the past few years and especially in recent months, I’ve shifted more towards high-yield, dividend growing stocks.
At this stage in my life, predictable growing passive income is more important than the long-term price appreciation of stocks, because I plan to live off the dividends.
🙏 To focus on what we love, we need stop worrying about daily expenses. For me, the solution was creating a growing passive income stream through dividend stocks.
As an author of the MaxDividends Strategy I follow it to pick up high-yield & dividend growth stocks to live off dividends and retire early. I share my way and methodology of achieving the dream goal to live off dividends step by step.
MaxDividends Mission
Help & support everyone on the way to build growing passive income, retire early and live off dividends.
Build your own dividend machine with MaxDividends to launch growing passive income, retire early and live off dividends with community like-minded
This is a free version of MaxDividends. Get Premium to unlock all the features and tools of MaxDividends!
MaxDividends Premium: What You’ll Get
+ Bonus - access to full list of MaxDividends stocks updated weekly. Boost your passive income for living off dividends.
Unlock Top-notch dividend growth investment ideas and insights, handpicked to help you crush your financial goals, retire early and live off dividends.
NEW! List of the Most Dangerous Dividend Stocks You Should Avoid to Invest In Right Now
Stay away from dividend-trap companies with the most accurate list of dangerous stocks updated weekly
Ready-to-go step by step weekly guide to achieving financial freedom.
Grab ready-made MaxDividends stock sets starting at $300, $500, or $1000 each week.
Posts & Podcasts with deep dives into the top dividend stocks we hold. Key points, current statement, perspectives and consensus.
My personal MaxDividends portfolios and short list with all the changes and updates weekly.
Comprehensive tools to help you on the way retire early and live off dividends.
Community Like-Minded Access
Stay in touch with me and other MaxDividends followers. MaxDividends community chat of like-minded who wants to live off dividends and retire early. Discuss ideas, share insights, build plans and set goals. Support, motivation, like-minded - all in!
FAQ
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👉 MaxDividends Roadmap to Early Retirement with Living Off Dividends