One of the best ways to retire rich is by investing in dividend stocks.

To do so, you need to aggressively invest in high-yielding stocks and reinvest the dividends continuously until you consider retirement. After all, each reinvested dividend payout buys you more income-producing shares without any out-of-pocket expenses. Better, by doing so, you’re compounding the earnings and expediting the growth of your portfolio.

Look at Royal Caribbean (RCL), for example.

With record bookings and consistently strong earnings, Royal Caribbean just raised its dividend payout by 33% to $1 per share. That’s payable on October 13 to shareholders of record as of September 25. “This increase in dividend, along with our ongoing share repurchase program, highlights our balanced approach to capital allocation — returning value to shareholders while funding future growth,” said President and CEO Jason Liberty.

Sincerely,

Ian Cooper