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Want $2K Per Month in Retirement? Buy These 3 Dividend Stocks Now.
MMM3M(MMM) InvestorPlace·2024-03-14 10:33

Stock investors who want to receive 2,000permonthindividendpaymentsfirsthavetodosomequickmath.Adividendportfoliowithstocksvaluedat2,000 per month in dividend payments first have to do some quick math. A dividend portfolio with stocks valued at 480,000 yielding 5% overall would produce $24,000 in annual dividends. I’ll use that yield as our threshold for the basis of this article. In fact, the stocks discussed below all have yields above 5% meaning a lower value portfolio would produce that return. Generally speaking, a 5% dividend is near the upper bound for risk. Rates higher than that tend to be ...