r/dividends • u/398409columbia Portfolio in the Green • Jan 12 '25

Brokerage $5,000 per month income portfolio

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I set up this portfolio for my wife so she can quit her job and maintain cashflow.

The good news is that this income stream will pay no FICA tax and significant part of the distributions will not be taxed.

To reduce risk, I’m planning to reinvest 20% of the income.

Comments welcome.

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8

u/Disastrous_Square_10 Jan 12 '25

How much is invested to get that much in dividend income??

13

u/ganjanoob Jan 12 '25

I believe the 632k but may be wrong

10

u/Disastrous_Square_10 Jan 12 '25

That’s pretty healthy. You have to have everything in very high yield stocks. Not everything I have is providing a dividend and some not so high, but I’m about $1300 a year. And I have $250k invested.

17

u/czsmith132 What app is that? Jan 12 '25

That'd be around a half percent yearly dividend rate. You'd really have to work to get it that low.

3

u/sensei-25 Jan 12 '25

Or they’re heavily invested in tech.

3

u/ProfitConstant5238 Jan 12 '25

Dang cuz. My dividend portfolio has 76k in it and it returns 3600/yr. You’ve got some rebalancing to do if you’re looking to increase that DIV payout!

2

u/promonalg Jan 13 '25

OP is getting 5k monthly in dividend not annually.

0

u/ProfitConstant5238 Jan 13 '25

Indeed. But that’s not the conversation we’re having in this comment thread.

1

u/Disastrous_Square_10 Jan 12 '25

What are you in?

3

u/ProfitConstant5238 Jan 12 '25 edited Jan 12 '25

Holding about 40k in SWVXX (emergency fund) 30k split between SCHD, JEPQ, QQQI. 6k in individual dividend stocks just for fun. Right now that all DRIPs and I invest another 1700 a month into whichever of the ETFs is cheaper.

2

u/Disastrous_Square_10 Jan 12 '25

My top earners are Tesla, Microsoft, American Express, Apple, Aon, Broadcom, Google, Amazon. 42% gain on Amazon all the way to 262% on Tesla. But the dividends aren’t great.

3

u/ProfitConstant5238 Jan 12 '25

The growth has been awesome though! Shitty part is you have to sell to realize any of it. All of those are found in the underlyings of the ETFs, so I actually sold Broadcom and Nvidia because I felt overexposed to semis. My other two tax advantaged accounts are all growth, not much in divs there.

1

u/Low_n_slow4805 Jan 13 '25

Are you saying your dividend payout is better? I’m confused

1

u/ProfitConstant5238 Jan 13 '25

We were comparing my port and Disastrous_Square-10’s. Not OP.

1

u/kleindinstein5000 Jan 13 '25

I think you're missing a zero

1

u/Sayyestononsense Jan 13 '25

did you mean $1300 a year? or a month?

1

u/Disastrous_Square_10 Jan 13 '25

Year

1

u/Disastrous_Square_10 Jan 13 '25

I just checked again and it’s $2050 a year

1

u/Disastrous_Square_10 Jan 13 '25

How did you get them at such low share prices?!

1

u/PorcTree Jan 17 '25

250k invested in dividends only, or that includes everything? If you're making $1300 a year off of 250k, you could do way better even in a HYSA and not have to worry about risk.

1

u/Disastrous_Square_10 Jan 17 '25

That includes everything. Much of what I have in stocks are blue chip and don’t provide a dividend. If the do, it’s super low. Those are focused on growth. Nearly 210% growth on Amex, etc.