I know many of the investors on here are inspired by the likes of Joseph Carlson and Andrei Jikh, myself included. So dividend investing is as popular as any other strategy, with that being said it’d be interesting to see what type of strategy you run, your portfolio amount and what that returns in dividends per year. Will be good for investors to see where they could strive to be one day and roughly guesstimate what they need, I know it inspires me seeing others portfolios and dividend returns. assuming all is back to normal and dividends are no longer cut
Strategy: A diverse portfolio of index’s, growth and dividend stocks
Value: £22,000
Dividends: Roughly £800 per year or £70 per month.
Most of my investments in the past have been on the AIM and thus, no dividends on most of them!
But I’ve just signed up to DividendMax and started researching.
I’d love to hear your tips. Do you reinvest in the companies or just take the cash?
Absolutely everything gets reinvested back into the portfolio, not always the same stock but what I feel is at the best buying opportunity at that time. Compound interest is your friend
I was averaging ~£200 per month before this virus stuff. On a portfolio of £50K+
I actually got over £400 in March, which almost equalled my best month so far which was last September when I got £438 in dividends
Some months it’s less than £100, just depends who is paying out that month
My returns will drop quite a bit going forward as I have a lot of UK banks and insurers and most of them have suspended dividends, But I’m hoping the dividends will get reinstated in a few months as things start returning to some semblance of normality
The ultimate aim is to have enough income from Dividends to pay all my regular bills so Working for a living becomes non essential
If you want more comprehensive information covering US and UK stock you could try Dividend Max. You can even set up notifications when dividends are announced.
Another newbie question. Do you get dividends from ETF’s? I am not as clued up on individual stocks so just wanting to get a nicely balanced start with ETFs that cover many countries and sectors. Are dividends paid out to them as well or just individual stocks?
You can get dividends out of ETFs, just like stocks different ones pay different volumes and frequencies.
I use justetf - https://www.justetf.com/de-en/find-etf.html to search for the ettf and see what they charge, and what they payout. (just type the etf name into the search bar i.e. vmid then click on the etf and look at the overview page for general details including costs & the dividends page)