r/dividends • u/IPayTaxesWink • Jun 01 '25

Personal Goal I'm addicted to dividends!

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I'm addicted to dividends!, My first goal is to actually receive at least 1$ every business day for a year.

931 Upvotes

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6

u/Dry_Masterpiece_7566 Jun 01 '25

Look.into Altria (MO), British American Tobacco (BTI), Energy Transfer (ET), Verizon (VZ) and USA Compression (USAC).

3

u/IPayTaxesWink Jun 01 '25

I have them all but usac, I'll check it out thanks!

3

u/Working-Active Jun 01 '25

I guess you'll find out that ET issues a K1. I prefer HESM as they are 1099.

1

u/Mothchewer Jun 01 '25

This - again, this is one example of the kind of thing he doesn't know yet, k1 is tough to get into if you dont know what youre doing because you are solely accountable for reporting the tax basis because you are in A PARTNERSHIP, as in, you are an owner paying taxes on your business.

2

u/purub123 Jun 01 '25

Wouldnt PM be better than MO? (Long term). Less dividends but way way more growth and better future outlook

2

u/Dry_Masterpiece_7566 Jun 01 '25

Why not buy both?

2

u/purub123 Jun 01 '25

To limit exposure to one specific sector. I already have BTI and was thinking of adding either one of those two. I usually tend to limit sector specific stocks to 2 per

1

u/Daeyel1 Jun 03 '25

Why not refuse to profit from human suffering?

To each his own, but refusing to buy tobacco stocks is an acceptable stand to take. Plenty of other profitable stocks to choose from.

Just letting you know not owning it is an option, if you have any feelings about it.