by Keith Fitz-Gerald | March 23, 2012 7:00 am
Time is the great equalizer in the market. Getting into stocks early and often is a great way to build a healthy and wealthy portfolio in the long run.
Here are three of my favorite wealth builders at the moment to consider adding to your existing portfolio or a new one:
This company, through its subsidiaries, manufactures and sells cigarettes, smokeless products and wine. It also manages a portfolio of leveraged and direct-finance leases. Adjusted for splits, Altria has increased its annual dividend 292% since 1989. The company is currently yielding 5.50%.
Linn Energy engages in the acquisition and development of oil-and-gas properties in Mid-Continent, the Perriman Basin, Michigan, California, and the Williston Basin in the U.S.
As of Dec. 31, 2011, the company reported operating 7,759 gross productive wells and has proven reserves of 3,370 billion cubic feet equivalent of oil and gas and natural gas liquids. Since its IPO in January 2006, LINN has consistently paid a distribution each quarter and has increased its quarterly dividend by approximately 115%. Linn is currently yielding 7.2%.
McDonald’s operates 33,000 restaurants in 119 countries serving nearly 68 million people every day. Although the company is in the process of changing management[4], MCD has raised its dividend every year since paying its first dividend in 1976. Adjusted for splits and dividends (using data supplied by Yahoo! Finance) the company has returned 44,322% since 1970. McDonald’s currently yields 2.9%.
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