Earn a 5.2% Dividend Yield from Starbucks Stock Using This Hack

Starbucks Corporation SBUX stock has been a slow grower over the past five years. An increase of 38% is nothing to be ashamed of, but its growth hasn't been nearly as strong as many other blue chip stocks. 

Starbucks continues its tradition of raising dividends by paying a quarterly dividend of $0.57. This practice has been ongoing since the company started distributing dividends in 2010.

As an investor in Starbucks stock, you can expect a dividend payment every quarter. But that's not the only strategy you should consider. 

Mode Mobile developed a smartphone called EarnPhone, which allows users to earn and save money by playing video games, listening to music and reading the news. With the phone priced at an affordable $99, the barriers to adoption are low.

Earning Opportunity for All Smartphone Users

Mode EarnPhone
State-of-the-art smartphone device includes built-in earning features.
EarnOS
Proprietary earning software turns smartphones into EarnPhones.

Min. Investment: $1000
Share Price: $0.26
Valuation: $310M

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A Hack to Earn a 5.2% Yield from Starbucks

Instead of buying Starbucks at approximately $97/share and earning a 2.34% annual dividend yield, you can buy shares of Agree Realty Corporation ADC for $58. And with that comes a 5.2% annual dividend yield

Agree Realty Corporation is a real estate investment trust (REIT) that focuses on acquiring and developing properties net leased to industry-leading retail tenants, including the likes of Starbucks, Costco, and Target. 

The company typically invests in retail properties leased to tenants in various sectors, including automotive, consumer goods, and essential services, providing a diversified portfolio in terms of tenant base and geographic locations.

Its portfolio consists of 2,135 properties consisting of 44 million square feet. 

Agree Realty Corporation currently pays a monthly dividend of $0.247, which equates to  $2.964 per share annually. 

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Image Credit: Shutterstock

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ADCAgree Realty Corp
$77.08-0.68%

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