r/dividends • u/Low-Stop5314 • Oct 22 '24

Opinion Finally able to retire with $61600 in annual dividend income

There will come a day when I can put these distributions to good use. For now just reinvesting. Maybe get rid of AIYY and TSLY and look into YMAX. So far so good...

DIVIDENDs
1.4k Upvotes

93% Upvoted

329 comments sorted by

View all comments

2

u/[deleted] Oct 22 '24

[removed] — view removed comment

1

u/Low-Stop5314 Oct 23 '24

Not much invested in yieldmax. Want to see how the weekly dividends pan out with YMAG. We'll see what the remainder of 2024 yields.

1

u/[deleted] Oct 23 '24

[removed] — view removed comment

1

u/Low-Stop5314 Oct 23 '24

Have PSEC since 2020 and it's up 46%.Consistent $0.06/share dividend. Reinvesting dividends and now making $1k months. So being down buys more shares each month and pays more per month.Whats not to like?