LOAN - Beat The Recession With Dividends - Part 2
In my previous article with the same title, I created three portfolios of safe high yield dividend aristocrats with a combined dividend income of $33,726 per year, the estimated amount spent by the average retired household in 2018 minus social security. However, the portfolio size was between $850,000 and $950,000. Even if a retiree puts everything in AT&T (T), which had the highest yield listed in the article at 6.20%, they need $543,968 to get $33,726 in dividends a year. Further, dividend growth for AT&T barely meets inflation and is about a third of the