Beware 'Dividend Aristocrats' that Actually Offer Low Yields, No Real Income [View article]
An income investor who wants yields of 8% ought to bypass equities entirely and go straight to bonds (and most likely junk bonds).
Within an equity portfolio, yields that high are unrealistic, except for MLPs and commodity trusts - which, unfortunately, are diminishing assets. For those investments, characteristically, you're converting principal into yield over time. In some cases, you come out ahead, but it's by no means a sure bet, and seldom tax efficient (particularly with Canadian royalty trusts subject to adjustment next year).
Beware 'Dividend Aristocrats' that Actually Offer Low Yields, No Real Income [View article]
Within an equity portfolio, yields that high are unrealistic, except for MLPs and commodity trusts - which, unfortunately, are diminishing assets. For those investments, characteristically, you're converting principal into yield over time. In some cases, you come out ahead, but it's by no means a sure bet, and seldom tax efficient (particularly with Canadian royalty trusts subject to adjustment next year).