They know that some "marijuana stocks" are just empty shell companies that deserve to be penny stocks, but they also recognize there are some legitimate and growing companies that truly stand to benefit from the green rush. As a group, they have added 10 different cannabis stocks to their watchlists and are actively investing in them. More than 1,400 MarketBeat subscribers are now following our top-trending cannabis company. And just recently one of you asked me about dividend-paying legal cannabis stocks - about whether they even exist. Well, they do. After all, every Venn diagram has its union. Of course, most cannabis growers and dispensaries haven't been established long enough to make a profit, let alone pay a portion of their profits to shareholders in the form of dividends. However, there are marijuana If you're really wanting to find marijuana stocks that pay a dividend, though, there are two that stand out -- AbbVie (NYSE:ABBV) and The Scotts Miracle-Gro Company (NYSE:SMG). Admittedly, there's a bit of a stretch required to truly call these marijuana stocks, but both do have solid marijuana connections. But the marijuana index then rose from $91 at the start of the year to $120 May 10, 2019, an increase of about 13%, a tad better than the S&P's rise of a bit under 12%. That is not exactly an apple-to-apple comparison, but it does make a case to carefully investigate investments in marijuana stocks before you buy. Marinol is also used by AIDS patients to restore appetite. ABBV is a strong dividend payer, and one of the marijuana industry’s most promising prospects. That’s because, as a diversified drug manufacturer, ABBV is not solely dependent on marijuana treatment, but stands to benefit greatly from increased legalization. The Horizons Marijuana Life Sciences Index ETF (HMMJ) just paid its seventh quarterly dividend last Wednesday. Its $0.3811 per share payout is good for a generous 5.1% trailing yield. Plus investors have been as high as a kite since inception, enjoying 160% total returns versus 22% for the S&P 500.
20 Nov 2019 The company pays its shareholders a monthly dividend with a current expectations, perhaps now is the time to give pot stocks another look.
27 Sep 2019 Profit Alerts: Dividend Stocks Alerts, Money Chart of the Week, Pot Stock But one of our favorite cannabis stocks does pay a dividend, and as 2 Jul 2019 On top of that distinction, they not only pay dividends but also have increased All of its clients are state-licensed growers of medical cannabis. 17 Jan 2020 New states continue to legalize or consider legalizing medical marijuana, and the potential for legalization of cannabis at the federal level looms 16 Jan 2020 Aphria's (TSX:APHA)(NYSE:APHA) CFO just confirmed it. The company could be the first pot producer to pay a regular dividend. Research the medical uses of marijuana, such as those in the pharmaceutical and Have significant exposure to marijuana stocks, such as those in the alcohol Note that certain ETFs may not make dividend payments, and as such some of
20 Jun 2019 Believe it or not, these cannabis stocks are profitable and pay really attractive However, there are a handful of cannabis stocks that do pay nice dividends. in the future, especially as larger states legalize recreational pot.
20 Nov 2019 The company pays its shareholders a monthly dividend with a current expectations, perhaps now is the time to give pot stocks another look. Paid members get a quick summary of the stocks teased and our thoughts here. company is that while it derives its profits from the medical marijuana industry … is motivated to pay dividends because that's what investors want and expect , 13 Nov 2019 A dividend is only as good as the company paying it, however, and some of the highest-yielding stocks are companies that may be in financial 17 Dec 2018 Here are the 10 highest-paying dividend stocks in the index, plus in the medical marijuana companies—including growers, sellers and