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TopicMy dividend income is slowly picking up. Good sign of things to come
CableZL
09/29/20 5:58:37 PM
#12:


AlephZero posted...
As part of my overall portfolio I'm invested in a couple of dividend or dividend-like funds. SPYD, which is simply the highest dividend companies in the S&P500, and QYLD, which sells call options on the underlying shares and distributes that as a monthly dividend. They average something like 10% a year. I have them both set up to reinvest all payouts.
Interesting. I've found a few monthly dividend stocks that are pretty cheap for how much they've been paying out, so I'm thinking I'm gonna put some money into those as well in the near future and see what happens.

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