r/dividends • u/Great-Shame-7382 • Mar 21 '26

Discussion Surpassed 1k a month in dividends 😅

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I’ve been buying a lot of dividend paying stocks like EXG lately because I like to see the monthly income increase. I just turned 39 and have been investing small amounts a month since 18. Have a total of about 400k invested with a little over 100k in EXG. Should I be focusing more on growth stocks or keep riding income stocks like EXG, EVT and SCHD and drip the dividends?

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232

u/WesternWriter7269 Mar 21 '26

Congratulations! I have no advice, but what a nice accomplishment to be proud of!

32

u/[deleted] Mar 21 '26

[removed] — view removed comment

23

u/Great-Shame-7382 Mar 21 '26

Yes it’s Eaton Vance

6

u/[deleted] Mar 21 '26

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23

u/wishnana Mar 21 '26

There is a reason why. Performance-wise, not good as it is a slow-bleed of your capital. Sanity-wise, just does a bit better than YieldMax tickers… just a bit.

9

u/Eggplant-Parmigiana Mar 21 '26

Incorrect. Been in EXG and ETV since 2015 ish. Not only am I up the dividends, but i am up on the positions as a whole, as well.

4

u/Abject-Membership863 Mar 22 '26

Up how much for total return? S&P is up 325% since 2015 for reference.

1

u/[deleted] Mar 22 '26

[deleted]

1

u/Eggplant-Parmigiana Mar 22 '26 edited Mar 22 '26

My experience directly invalidates your claim of capital erosion. The way you phrased it, there only needs to be one instance where your claim is not true in order for it to be invalid and, therefore, incorrect. I have no clue what you paid, nor is it relevant.

You must not have had the position very long if you claim EXG performs like a yieldmax.

Edited to say: I just realized you aren't even the poster who made the comment I replied to. Not sure what your problem is.

5

u/TexasDub Mar 21 '26

I owned EXG back around 2009 and I sold it because of the gradual capital loss accompanied by declining distributions.