Dividend Investing for Monthly Income [View article]
I use a similar method but reduce all purchase options to a common $100/mo net return (after any applicable taxes, currency conversion rates, etc.). Then I look at how much it costs to buy the number of shares necessary to net $100/mo and try to space them out and not have much sector or product overlap. I use the same process for quarterly dividends; I just change the formula to $300/quarter net return.
This method let's me compare a variety of dividend yields on a consistent basis, i.e., what does it take to generate $100/mo net returns from dividends?
Dividend Investing for Monthly Income [View article]
This method let's me compare a variety of dividend yields on a consistent basis, i.e., what does it take to generate $100/mo net returns from dividends?