Better Than Real Estate? These Dependable Stocks Pay Special Dividends

While visiting Asuncion, Paraguay, I saw a one-bedroom apartment for sale. Kitchen / dining area, living room, office, bedroom and balcony. Plus, access to the building’s rooftop pool and co-working space.

List price?

$35,000.

You could rent an apartment (and sometimes even an entire house!) for around $350 per month in Asuncion. And rental properties like the unit for sale are typically listed for $450 — $600 on Airbnb. A high-yield investment, until you consider insurance and maintenance and property taxes and condo fees…

Meanwhile, $35,000 in certain dependable stocks known for paying special dividends could — and could is the optimal word here — net you 10% (or more!) on your initial investment.

Here’s a Sample Portfolio:

1. CompX International Inc. ($CIX) — $10,000 For $1,280*

A 5% starting dividend, no debt, and special payouts?

That’s CompX International.

CompX International makes locks, keypads, and boating equipment.

This isn’t a particularly exciting stock. But, CompX is a profitable business that consistently rewards its shareholders.