I received 60.2% more income in this past July than I did in 2017. It is up hugely secondary to adding Regulated Investment Companies (RICs) and some preferred income with high yield from numerous sectors. They are spicy yummy income providers.
Dividends/distributions or income for the portfolio is now the desired main outcome to continue with a happy retirement.
RICs add Spicy Income
These type of investments should be evaluated and invested in differently than common stock. Generally they have distributions and not dividends as they are required to distribute 90%+ of their taxable pass-through