Wealthy Living

5 of the Best Brokerages for Dividend Investors

If you are an investor looking to trade dividend-paying stocks, you are at the market risk of the stock prices uncontrollably rising and falling.

This is why finding the best brokerage for your needs is of utmost important to your financial wellness.

The greatest appeal to investing in dividend stocks is that no financial analysis or complicated strategy is required.

All you need to do is purchase your desired share of the stock before the ex-dividend date, then you can sell the shares on the ex-dividend date or any time afterwards.

Here are the 5 of the Best Brokerages for Dividend Investors

Dividend Investor Brokerage #1: Charles Schwab

Charles Schwab gives you access to high-tech trading tools, but there are also low fees, a range of investment options and highly rated customer service.

The investment platform works online and through mobile applications, letting investors buy and sell securities, manage accounts, access research, enter transfers and evaluate a wide range of investment options.

Dividend Investor Brokerage #2: Ally Invest

If you’re a beginner looking to invest, Ally is a great low-cost brokerage also at $0 online trades.

There are low commissions and automated investment plans making Ally a great starter-pack for those first starting their portfolios.

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