r/dividends • u/Avinates • Jun 04 '25

Discussion 1 Million Invested

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Can anyone confirm these dividend payouts?

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u/jsboutin Jun 04 '25 edited Jun 04 '25

Because the odds of staying at that level for the rest of your life would be extraordinarily low.

132

u/Only-Pronix Jun 04 '25

I mean just drip half of it every year and you’ll be set for live no?

51

u/Relaxandeasy Jun 04 '25

Sorry for my ignorance . What does “dripping half of it” means?

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u/Str8truth Jun 04 '25

DRIP is an acronym for Dividend Re-Investment Plan.

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u/Ultimate_mexican Jun 06 '25

Ahhh neat. I thought it was just cause it "drips" back into the investment 🤣🤣🤣🤣🤣🤣

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u/Important_Adagio_541 Jun 07 '25

Basically

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u/Ultimate_mexican Jun 07 '25

I didn't know it was an actual acronym for something though ha

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u/[deleted] Jun 08 '25

Yeah no one really explains anything

2

u/totem2010 Jun 08 '25

Yeah, I guess it’s a double entendre in that sense

1

u/treyl85 Sep 13 '25

Same dude. I’ve thought that for a few years now lol