Dividend Investor Earning $10,200 a Month With $977,000 Shares His Portfolio: Top 7 Stocks [Yahoo! Finance]
BlackRock Multi-Sector Income Trust Common Shares of Beneficial Interest (BIT)
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Source: Yahoo! Finance
There is more than one way to achieve financial success through investing. Some prefer riding the gains of tech growth stocks to build wealth, while others enjoy collecting dividend income alongside portfolio growth. Let's see an interesting success story of an investor crushing it with the latter strategy. In June last year, a dividend investor shared his detailed income report with portfolio screenshots on r/Dividends, a discussion board for income investors with more than 600,000 members. The investor said he earned about $10,200 per month in dividends or $122,930 per year. He said his total portfolio value was $977,000, excluding reinvested dividends, with a yield of 12.5%. Don't Miss: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100 Your biggest returns may not come from the stock market. Invest the way colleges, pension funds, and the 1% do. Benzinga Readers: Earn a 1% return boost on your first EquityMultiple
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