2 Safe “Retirement-Maker” Dividends Up to 8.6% Paid Monthly
March 27, 2024 at 05:00 AM EDT
Would you believe, my fellow contrarian, that most of our vanilla income friends settle for utility dividends that pay quarterly ? Ha! Unfortunately (for them) that’s no typo. There are millions of investors just like them who are OK being paid every 90 days. Yes, ninety! Obviously , they don’t read highbrow publications like Contrarian Outlook, where we highlight monthly dividend payers . Today we’ll discuss two that pay 8.3% and 8.6% respectively. With yields like these, we can actually retire on dividends . Take a chunk of money that we’ve saved up and convert it into regular cash flow. A million dollars, for example, can become $83,000 or $86,000 annually in dividend income.… Read more