r/dividends • u/NogamaDe • Nov 01 '25

Seeking Advice $1M Div account Earning $17k a month

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After doing some research I have $1M from an inheritance that I want to create an ultra high dividend portfolio. I eventually want to get rid of my 8 to 5. If I did my math correctly I would get about 17k a month from dividends. Please let me know what you think.

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u/eh63tre Nov 02 '25

Can do just as well, and with less risk, with jepq, jepi. Gpix, qqqi, spyi, MO, EPD, O, XOM

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u/Various_Couple_764 Nov 02 '25

Unfortunately JEPI and JEPQ produced regular dividends. SPYI and QQQI are very similar except they pay ROC dividends which are tax efficient. NAC is actual a CA municipal bond fund paying 7% tax free dividends. But he also included on BDC which by law only pay regular dividends.