How do I invest in qualified dividends?

How do I invest in qualified dividends?

Investing in qualified dividends involves purchasing stocks that pay dividends and meet specific IRS criteria. Would you like to know more about those criteria?

Yes, what are the criteria for dividends to be considered qualified?

To be considered qualified, dividends must be paid by a U.S. corporation or a qualified foreign corporation, and you must hold the stock for a specific period. Typically, you need to hold the stock for at least 61 days during the 121-day period that begins 60 days before the ex-dividend date.

What are some examples of stocks that pay qualified dividends?

Some examples include large, established companies like Coca-Cola, Johnson & Johnson, and Procter & Gamble. These companies have a history of paying qualified dividends.

How can I find more stocks that pay qualified dividends?

You can use stock screeners available on financial websites, filter for dividend-paying stocks, and check if they meet the qualified criteria. Would you like recommendations for specific screeners?