Last month, I handpicked a four-pack of dividend growers for a select group of subscribers. On the surface, our February mini-portfolio had an impressive pedigree. It yielded 2.2% annually and boasted 21% dividend growth.
But I was challenged with a task taller than simply buying and hoping for gains. These readers not only wanted their dividends – they wanted them paid monthly!
And they weren’t going to settle for 0.2% per month. No, they demanded meaningful monthly income on a modest portfolio. (I’ll use $500,000 for our real-life example – but you don’t need this much to employ this strategy. A $50,000 stake will work just as well.)
If you earn 0.2% per month on $500K, you have $1,000 in monthly income while you wait for your stocks to go up.…