Do Marijuana Stocks Pay Dividends? – Money Morning

The majority of marijuana stocks are penny stocks that don’t pay dividends, as cannabis companies need to use all of their revenue to build their businesses. However, we’ve found two multibillion-dollar companies that are becoming essential to the marijuana industry without ever selling a plant…

And both companies pay dividends with yields over 2%.

Over the last 12 months, one of these stocks has climbed 16.85%, and the other has climbed 23.96%. In comparison, the Dow Jones Industrial Average is up 18.82%.

Yes, we know that may not sound impressive at first. But these are multibillion-dollar companies flying under the radar in the cannabis industry. That means you get exposure to the marijuana market without the risk associated with penny stocks, plus you get the dividend payouts.

And over the last 20 years, shareholders who reinvested the dividends in these stocks have booked triple-digit returns as large as 886%.

If you missed out on those gains, that’s okay. These triple-digit winners are expected to keep growing as they enter the marijuana industry, and shareholders who reinvest their dividends will make even more money…

How Two Marijuana Stocks with Dividends Climbed Over 500%

If you invested $10,000 on Dec. 31, 1997, in the first stock we’re about to talk about and didn’t reinvest the dividend, your shares would be worth $53,146.11 as of Aug. 9, 2017.

However, with dividend reinvestments, you would have netted a return of $66,718.25. That’s an extra $13,572.14 in your account and an overall gain of 567% from your original investment.

And the returns of the second stock have been even more staggering…

The Best Pot Stocks: After months of research, we’ve found the most lucrative and fastest-growing legal pot stocks in America. And

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