Loyal3 provides investors with a great way to accumulate some quality stocks with no commissions and only a $10 minimum investment.
They currently (as of December 31, 2016) offer 70 different stocks. Since their motto is “Own What You Love,” most of these stocks are in the consumer goods, services and technology sectors. These are the companies that us consumers directly interact with and therefore “love” (or hate).
Check out Loyal3.com or my previous post on MCD accumulation for more details on the company. The goal of this post is to lay out the benefits of Loyal3 and to provide information on all of the dividend paying stocks that Loyal3 has to offer.
Who Can Benefit From Loyal3
Any investor can benefit from what Loyal3 has to offer, but investors with very little capital will benefit the most. If someone has $100 to invest, commissions from most brokerages will eat up 5-10% of your purchase price for a single stock. So you can forget about diversifying that money into several different stocks. Loyal3 makes this type of investing possible. That same investor could spread $100 across 10 different stocks with Loyal3 and pay $0 in commissions.
How do I use Loyal3? My general rule is to never pay over 1% of my purchase price in commissions. I use TradeKing for my Empire portfolio where the commissions are a very reasonable $4.95 per trade. So whenever I get a chunk of money that passes the 1% rule (over $500) it goes to TradeKing so I have the flexibility to buy any stock I want. However, if I’m only able to scrape up between $10-$500 I use Loyal3 to avoid breaking my 1% rule. This money typically comes from bowling tournaments, selling things on eBay or other random sources.
I also use Loyal3 as a monthly dollar cost averaging strategy. I currently invest $25-$100 per month into MCD, AXP, SBUX, BUD, AMZN and GOOGL ($350 total per month) and plan on increasing these amounts (and the number of positions) regularly.
Loyal3 For Dividend Growth Investors
But what can Loyal3 offer all of us dividend growth investors? A big chunk of my investment strategy involves dividend growth investing – buying dividend paying stocks that regularly increase their dividends. Luckily there are plenty of Loyal3 dividend stocks to choose from, many of which have growing dividends.
To be exact, 43 out of the 70 stocks on Loyal3 pay a dividend and 26 of them are on the CCC list. This means that these 26 stocks have raised their dividend annually for at least 5 consecutive years! Not a bad pool of stocks to choose from, especially when you don’t have to pay any commissions.
I’m sure this is all old news to most experienced investors. What I really want to provide in this post is a list of dividend growth stocks available at Loyal3 with the stock information updated near real-time. Loyal3.com does not offer any tools to research stocks, and it would take quite a bit of time to get dividend yields and dividend growth rates for every Loyal3 dividend stock.
I have organized all of that information for you. Below I have split the 43 dividend paying stocks available at Loyal3 into 2 different tables. The first table includes the 26 stocks that have made the CCC list, ranked by consecutive years of dividend increases. The second table includes the remaining 17 dividend paying stocks ranked by yield.
Stock price and current yield will be updated automatically near real-time by Google Finance, assuming they don’t change their layout. Consecutive years of dividend increases and 5 year dividend growth rates were pulled from the most recent CCC list (December 2016). I will attempt to update these two values every few months since they don’t change very often. If you notice any errors or if there are new dividend paying stocks available at Loyal3 that I have missed please let me know in the comments section.
If you are not able to view the tables below you can access the Google Sheet file HERE.
Loyal3 Dividend Stocks on the CCC List
Other Loyal3 Dividend Stocks
Is anyone else using Loyal3 for dividend growth investing? What do you think of Loyal3? Let me know in the comments section below!