So just because you have set dividend income as your principal target, don't ignore those companies which may not be immediately attractive on a yield basis but may be in line for important dividend increases in following years. Credit and finance companies, utilities in rapidly growing territories such as Gulf States Utilities or Houston Lighting and Power, and natural gas companies such as El Paso and Texas Gas Transmission are representative of companies of this sort. Buying common stocks for income is a sound idea. Do your own research, consult with a responsible broker and you should expand your income and add zest to your life. Resume 1.Look for issues with long, unbroken dividend record.


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