How I plan to turn £60.30 into a million by investing in top dividend stocks

first_imgHow I plan to turn £60.30 into a million by investing in top dividend stocks Harvey Jones | Monday, 18th January, 2021 Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Harvey Jones It’s possible to make a million pounds by investing in top dividend stocks, provided I’m patient and stick with it. I don’t expect to do it in a single leap, say, by investing in the next Amazon or Tesla at an early stage. Instead, I plan to build my wealth little by little, then let it roll up to become something very big indeed.I’m a big fan of dividend stocks. They’ve had a rough time since the pandemic, but the regular shareholder payments can help me make a million, provided I put them to work. I’ve just received the modest sum of £60.30, and that’s put me another small step closer to building sufficient money to retire.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…That £60.30 is the latest dividend payment I received from an investment trust, Scottish Oriental Smaller Companies Trust. I didn’t have to do anything to generate it. The trust just sent it to me. As do most of the stocks, trackers and mutual funds I hold. My portfolio is mostly invested in UK shares, which pay some of the most generous dividends in the world.I’m earning income from dividend stocksI don’t expect £60.30 to turn into £1m all on its own. I’d have to live for 144 years for that to happen, assuming an average total return of 7% a year. At that point, I’d by 199 years old. And £1m probably wouldn’t be worth that much!Happily, that £60.30 is just one of many (and a small one). Another fund I own, HSBC FTSE All-Share Index, pays me around £70 every month. I have a FTSE 100 tracker that pays about £600 a year. I reinvest all back into my portfolio and compound growth should turn them into something quite big one day.Somebody with a £100,000 portfolio could get dividends totalling around £3,500 a year. After 30 years those payouts alone would top more than £350,000, if they grew at an average of 7% a year. My imaginary investor would also have their original £100,000 plus capital growth on top of that from rising share prices. They will also generate dividend income and capital growth on all their future contributions. That million looks achievable.Roll up, roll upAll too often we think of dividends in terms of percentage yields, but I like to think of them in cash terms and I can really see how amazing they are. If I invest, say, £10,000 in FTSE 100 life company Phoenix Group Holdings, its current 6.75% yield should hand me £675 this year. I’ll get something similar next year as well. And the year after that.The more dividend stocks I buy, the more payouts you’ll get. Sadly, many UK companies have suspended dividends during the pandemic, but plenty yield 6% or more, including these two. I cherish each £60.30 you receive, or whatever the sum. It may not be worth a fortune today but, over time, all those little payments could turn into a million. That’s the joy of investing in dividend stocks.center_img Image source: Getty Images Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.last_img read more

Watch These Super-Heady Nuns Rage An EDM Show

first_imgWe’re not sure where this crowd of nuns has been hiding, but we’d imagine church would be much more fun with them around.In a viral video that’s made its way around the world and back over the last week, a field packed with nuns in full regalia can be seen jumping up and down and playing patty-cake in what looks to be the yard of a convent. Without the sound on, it’s pretty innocuous. But then you turn up the sound……And it turns out this is an EDM show, and these nuns just raging it. Like, getting after it. A+ partying. Especially for a large group of the Lord’s servants. Like, the vows they made were “chastity,” “poverty,” “obedience,” and “turning the f*ck up.”This video is [very] likely fake, a well-done but textbook Internet overdub job. We’re not gonna think about it too hard. There’s a lot of shit on social media. These days, most of the news we hear is bad. Most of the things we see are disturbing—or, at the very least, off-putting. That’s why there are so many videos of people’s pets and stuff on socials, too: People inherently want to balance out the bad with something happy and innocent. To remember there’s still joy and fun to be had in the world. For sanity’s sake.So even if it’s just for the purpose of seeing something surprising on social media that isn’t also a bummer, take a second and watch these super-heady nuns enjoying the…um…Heaven…out of an EDM show.Nuns Raging An EDM Show[Video: Isaac Vissers; Music: Fisherman –  “The Mission”][H/T Educate Inspire Change]last_img read more

HS Media Studios come alive with top-notch productions

first_imgThe sprawling complex of HS Media Group in Oregun, Ikeja, Lagos has been a beehive of activities in recent weeks.Pre-production has commenced for MTN YelloStar, a musical talent nurturing concept produced by Afrinolly Creative Hub, which comes on stream soon. The studios are also currently hosting the production of Season 2 of popular TV reality programme, Justice Court, produced by Avonix Nigeria Limited.Season 1 of the TV series, which is aimed at amicable dispute resolution, was also recorded and produced at the premises of HS Media Group.According to the President/CEO of HS Media Group, Taye Ige, there are many more exciting productions lined up by the group and partner companies.The complex, which boosts of five en-suite studios, hosted the live production and broadcast of the 2019 Africa Cup of Nations, delivering 52 matches on the network of the Nigerian Television Authority.This process included terminal of signals at the HS Media studios, transmission to NTA stations, studio analyses and other brand activations for each match. Before then, HS Media studios provided a similar service to StarTimes during the transmission of Euro 2016 matches.Six matches were transmitted every weekend on StarTimes.HS Media Group’s flagship studio (Studio 1) is a 900 square metre space that can be converted into various sections to suit the purposes of each project.Studios 2 and 3 each cover 165 square metres, while Studios 4 and 5 each has 55 square metres.Ige said Nigerian and international producers no longer have to search too far for bespoke facilities for their production. “We don’t just have the space but the best-of-the-range equipment to deliver world-class production,” he said. “What we have here will save the country so much in foreign exchange and boost the local economy.”HS Media Group has several subsidiaries, including HotSports Nigeria Limited, which was founded in 1996.The Group runs the longest running independent sports programme on Nigerian television, HotSports, every Saturday and has provided activations for leading brands around major continental and global sports events. RelatedPosts HotSports cautions FG on sports broadcast rights, urges backing for NTA   HS Media can host big reality shows like Coke Studio, The Voice Nigeria – Taye Ige Tags: Afrinolly Creative HubAvonix Nigeria LimitedHS Media GroupMTN Yellostarlast_img read more

Charleston looks for road win vs UNCW

first_img February 21, 2020 Associated Press ___For more AP college basketball coverage: and was generated by Automated Insights,, using data from STATS LLC, Share This StoryFacebookTwitteremailPrintLinkedinRedditCollege of Charleston (15-12, 9-6) vs. UNC Wilmington (8-20, 3-12)Raiford G. Trask Coliseum, Wilmington, North Carolina; Saturday, 7 p.m. ESTBOTTOM LINE: College of Charleston looks for its third straight win over UNC Wilmington at Raiford G. Trask Coliseum. UNC Wilmington’s last win at home against the Cougars came on Jan. 30, 2016.center_img Charleston looks for road win vs UNCW SUPER SENIORS: College of Charleston’s Grant Riller, Sam Miller and Jaylen McManus have combined to score 54 percent of the team’s points this season and have accounted for 75 percent of all Cougars scoring over the last five games.FUELING THE OFFENSE: Riller has made or assisted on 46 percent of all College of Charleston field goals over the last three games. The senior guard has accounted for 22 field goals and eight assists in those games.SCORING THRESHOLDS: UNC Wilmington is 0-15 when its offense scores 64 points or fewer. College of Charleston is a perfect 6-0 when it holds opponents to 63 or fewer points.ACCOUNTING FOR ASSISTS: The Seahawks have recently converted baskets via assists more often than the Cougars. UNC Wilmington has an assist on 36 of 67 field goals (53.7 percent) over its previous three outings while College of Charleston has assists on 32 of 65 field goals (49.2 percent) during its past three games.DID YOU KNOW: UNC Wilmington is ranked second in the CAA with an average of 69.6 possessions per game.last_img read more

Nora Springs gets state grant for wastewater treatment improvements

first_imgNORA SPRINGS — Nora Springs is among six communities across the state that have been awarded funds to improve water and wastewater treatment infrastructure. The funding is being made through the Wastewater and Drinking Water Assistance Program, which was signed into law by Governor Reynolds in January 2018. The city of Nora Springs has been given a $150,000 grant that will be used toward an $8.4 million project for a new wastewater treatment facility that will employ ultraviolet disinfection. Other communities awarded grants include Davenport, DeSoto, Osceola, Schleswig and West Union.last_img