Max Dividends Portfolio: Month 8 - Week 4. Goal $12,000 Monthly for 120 Months

Dividends $5,424.91 | Yield on cost 5.27% | Stocks purchased today 👀

MaxDividends Mission: Help & Support Everyone on the way Retire Early and Live off Dividends

Every Friday, I share with MaxDividends Members my weekly buys in real-time to show my journey toward living off dividends. I focus on high-yield and dividend growth companies to build a solid and growing passive income stream. My goal is $12,000 a month over the next 120 months, and anyone can start doing the same.

Intro

This Friday, like every week, I invested in dividend growth stocks.

I focus on reliable, undervalued dividend stocks with strong financials and a proven history of paying dividends, even during tough economic times.

Today, I added a few outstanding companies to my portfolio. My capital remains secure, and my passive income continues to grow steadily.

I follow the MaxDividends Investing Concept with a Dividend Growth Strategy. My companies (Dividend Eagles) help me stay on track, delivering significant dividend increases year after year.

The best part? Along with growing passive income, I get massive capital gains from some of the safest businesses in the world.

Here are Some Examples of How It Works

On December 17, Mastercard boosted dividend ~15% increase. And the company also announced $12 billion share repurchase program. Two significant shareholder-focused initiatives.

On December 12, Broadcom reports 51% revenue surge in Q4 and lifts dividend. Broadcom announced an 11% hike in its quarterly common stock dividend to $0.59 per share. It means 5.11% Dividend Yield with Broadcom for me vs current 1.19%.

My income grows while I calmly do my favorite things. No fuss.

I’m staying on track with my plan to grow my passive dividend income. Every month, my dividend income increases, bringing me closer to my goal. The MaxDividends App has been a crucial tool on this journey.

It’s now been 8 months since I began the $12,000-per-month dividend experiment, aiming to achieve it over 120 months.

Why Dividends Are Golden in Retirement? Market takes a dive? You’re still getting paid. Market soars? You’re still getting paid. It’s a beautiful thing

My portfolio provides me with a steady monthly cash flow that I can either spend or reinvest to grow my income—no need for fresh capital. Regular income is great, but passive, growing income is even better.

My strategy is built on the MaxDividends Investing Concept with Dividend Eagles, and it’s incredibly low-maintenance. Most of the time, I just sit back and watch my dividend income grow.

• My dream plan is to live off dividends and show others how they can do the same.

• My personal goal is to reach $12,000 in monthly income for my family within 120 months. In this section, I share the stocks I’ve invested in and the strategy I follow.

MaxDividends' ideas are one of the best gifts you can give yourself or your kids. The approach we use is like a blueprint for earning 11% yields and averaging 12% annual returns on your portfolio—sometimes even more if the market or your chosen stocks perform well. I’m not here to boast; I didn’t invent the concept of dividend growth investing.

This is a proven, time-tested approach that leads predictably to success. By focusing on reliable companies that pay above-average dividends and steadily increase them over time, we set the stage for consistent dividend growth.

My Recent Dividend Milestones

• ✅ $100 monthly - 100% completed (3 months)

• ✅ $250 monthly - 100% completed (5 months)

• 🎯 $500 monthly - ~90% completed (+2% since last week)

To see how the MaxDividends strategy works in practice, I started an experiment: $12,000 a month in 120 months. My today’s purchases, plans, deep dive and thoughts you can see below.

Main Goal Progress

• $ 450.00 / 12,000.00

Extra: My International Dividend Portfolio with ~7% dividend yield and purchases there also inside.

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20/12/2024

Updates | Purchases | Thoughts

Month 8. Week 4 - Companies Purchased Today and All Insights

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Invested $101,630 | Dividends $5,424.91 | Yield on cost 5.27%