Not only has it boosted its dividend for the past 39 consecutive years, but it’s also outperformed the overall market over the last 3, 5, 10 and 20 years.
You want $5k per year in dividends, and you’ve decided that a dividend portfolio is the best way to go. After all, dividends paid by high-quality companies are reliable and they tend to grow at an inflation-beating rate, year-after-year. With this in mind, today we’ll take a look at how much one needs to invest to generate $5k per year in dividends. In the process, we’ll provide an update on our Income Builder Portfolio (IBP).