Last Year, 173 of America's Biggest Companies Paid Out Billions
"Section 1059 Plans"
Companies now hand out these little-known lump-sum cash payments that are up to 38 times bigger than the regular quarterly dividends they pay!
And thousands of investors cashed these checks or had the payments deposited directly into their brokerage accounts.
For example, Loretta* collected Section 1059 Plan payments totaling $151,206 — a rough average of $12,600 per month.
Another example is Garrett*, a businessman.
His lump-sum payment was a whopping $94,240.
That could be enough to pay his mortgage for several years in a row!
And then there's Patrick*. He collected the equivalent of $4,000 per month from his Section 1059 Plan.
There is very little information about Section 1059 Plans on the Internet.
And the government doesn't help you find out about them, either.
But for income investors, these cash payments could provide a significant boost to their portfolios.
That's because the amount of money companies are paying out from Section 1059 Plans keeps getting bigger and bigger.
To learn more about what we've dubbed Section 1059 Plans and to get your own income stream coming in from them, I urge you to watch our video on Section 1059 Plans when you opt in for our FREE income e-letter along with special offers from Income Investors.
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Income Investors is dedicated to delivering timely, trusted and actionable financial news and information to dividend investors. Our mission is to help readers earn higher investment yields and better returns from their portfolios.
Our philosophy is straightforward:
- We believe in simple.If you want to own hot tech stocks, Income Investors isn’t for you. But if you prefer commonsense investing, then you’ll like our approach just fine. Investors adore sexy startups and biotech plays. But over the long term, the best stocks tend to be simple businesses that produce reliable profits that they pay out to shareholders.
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Robert Baillieul is Editor-in-Chief of Income Investors. He oversees a talented team of financial editors and analysts. Together, they scour the market to find the best income ideas for readers.
Robert is an advocate for a group of companies he calls his “Forever Assets.” Put simply, this is a group of stocks you can buy today and own for the rest of your life. These businesses have created wealth not just over weeks or years, but for generations.
When you own names like these, you no longer have to worry about inflation or bear markets. Many of these firms have paid dividends to shareholders for over a century. For this reason, some of the world’s wealthiest investors—including Bill Gates, George Soros, and Warren Buffett—hold these stocks in their portfolios.
Robert holds a Bachelor of Commerce from Saint Mary’s University. Prior to joining Income Investors, he worked as a risk analyst at TD Securities. Robert’s common-sense investment commentary has been featured in a number of publications, including Slate, MarketWatch, and The National Post.
Jing Pan is a research analyst and editor at Income Investors. His interests are in the fields of macroeconomics, technology, and currency. His major projects have included analyzing the relationship between the interpersonal trust index and economic performance, algorithmic trading in the foreign exchange markets, and the long-term impact of welfare programs.
Jing holds a Master’s Degree in Economics and a Bachelor of Science Degree, both from the University of Toronto.
Jing was co-founder of E-Learning’s Online Tutoring Service in Beijing, China; a project analyst at BMO Capital Markets; and a graduate research assistant at the University of Toronto.
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Our Editorial Policy: Our writers are forbidden to own any stock they write about. All our editors execute a document to this effect. Dear Reader: There is no magic formula to getting rich. Success in investment vehicles with the best prospects for price appreciation can only be achieved through proper and rigorous research and analysis. The opinions in our e-newsletter are just that, opinions of the authors. We are 100% independent in that we are not affiliated with any bank or brokerage house. Information contained herein, while believed to be correct, is not guaranteed as accurate. Warning: Investing often involves high risks and you can lose a lot of money. Please do not invest with money you cannot afford to lose. Nothing herein should be considered personalized investment advice. Before you make any investment, check with your investment professional (advisor). We urge our readers to review the financial statements and prospectus of any company they are interested in. We are not responsible for any damages or losses arising from the use of any information herein. We are a publishing company offering opinion and commentary of our editors and analysts. Past performance is not a guarantee of future results. All trademarks and registered trademarks are the property of their respective owners. *While these are real examples, names have been changed to protect the privacy of the individuals.