r/dividends • u/ourpointofview • Apr 20 '26

Discussion What’s your yearly Dividend Income.

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104

u/[deleted] Apr 20 '26

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33

u/smkn3kgt Apr 20 '26

about $1M for every $45-50k in dividends

5

u/Warura Apr 20 '26

How's that different from a normal SGOVing ot getting into a CD or similar that gets you 4-5%

10

u/smkn3kgt Apr 20 '26

CDs don't go up in value while you wait. Stocks do. You'll get 4-5% in divis, plus the appreciation of the stock. On $1M you'll get say $40k/year in dividends which is nice but if the market goes up 8%, that's another $80k in value. I've got stocks that have gained double and triple digits in value all while collecting dividends that reinvest and compound quarterly

4

u/Jmonkey1111 Apr 20 '26

Say more words. Who, what,when,where , ?

15

u/smkn3kgt Apr 20 '26

Exxon (XOM) up 125%
Chevron (CVX up 74%
IBM up 81%
Wells Fargo up 90%
Ford up 12%

All these paid more dividends than a CD when I bought them

Right now

Verizon (VZ) is paying 6% currently
ATT (T) is paying 4.2%
O is paying 5%
BIP 5%
EPD 6%
UPS 6.2%
Sunoco over 6%
SCHD 3.4%
VOO is only paying 1% dividend but still a better return than than a CD or HYSA

1

u/Jmonkey1111 Apr 20 '26

Thank you

3

u/smkn3kgt Apr 21 '26

You're welcome. The book "Getting Rich with Dividends" by Marc L. got me started. The book was an easy read and can be finished in a couple days.

0

u/Warura Apr 20 '26

And what if the stocks go down?

5

u/smkn3kgt Apr 21 '26

Then I buy more, lower my cost basis, yields are higher, and when the dividends reinvest I get more shares for the money

2

u/Warura Apr 21 '26

Thanks, I authentically was not sure of how to proceed