11 Top Dividend Stocks Propelling a 28-Year-Old’s Income from $15 to $1,000 in Just Two Years

This 28-Year-Old's Dividend Income Jumped from '$15 to $1,000' in Just Two Years – Top 11 Dividend Stocks In His Portfolio

Are you looking to grow your wealth through reliable dividend stocks, even on a limited budget? Well, we have an inspiring success story for you that shows how a young investor started with small investments and reached a significant income goal in just two years. This story was shared on Reddit’s r/Dividends discussion board, where this investor began investing with just $100 deposits during the pandemic.

This investor’s journey demonstrates the power of compounding and letting your money work for you. Starting with as little as $15 in dividends in 2020, this investor saw their annual income soar to $966 in 2022. The key to their success? Investing a reasonable percentage of their income and consistently contributing to their portfolio.

So, what were the biggest holdings in this investor’s dividend portfolio that helped them achieve this impressive growth?

  1. Realty Income Corp (NYSE:O): This stock accounted for about 9.9% of the investor’s total portfolio and earned about $1,000 in dividends per year. Realty Income Corp is known for its stability, yielding about 5% and paying monthly dividends.

  2. Apple Inc. (NASDAQ:AAPL): With a strong cash position and consecutive dividend increases, Apple has become a significant dividend-paying stock. While its yield is low at 0.44%, the stock has shown impressive growth over the years.

  3. Microsoft Corp (NASDAQ:MSFT): Microsoft is a top stock for both dividend income and capital gains. With a recent dividend increase of 10%, Microsoft is a solid performer in any dividend portfolio.

  4. Stag Industrial (NYSE:STAG): An industrial REIT that pays monthly dividends, Stag Industrial offers a reliable dividend yield of about 3.6%.

  5. JPMorgan Chase & Co (NYSE:JPM): As one of the biggest banks globally, JPMorgan Chase has a consistent record of raising its dividends. With a yield of about 2.4%, this stock can be a stable income generator.

  6. Visa Inc (NYSE:V): Visa is a popular choice for both dividend income and potential share price gains. The company has a strong track record of increasing its payouts and has seen share price appreciation.

  7. Costco Wholesale Corporation (NASDAQ:COST): This retailer has a history of increasing its dividends and offers steady growth potential. Despite a low yield, Costco’s stock has shown resilience and growth.

  8. Johnson & Johnson (NYSE:JNJ): With over six decades of consecutive dividend increases, Johnson & Johnson is a reliable dividend stock for any portfolio.

  9. VICI Properties Inc (NYSE:VICI): As a casino and entertainment REIT with a dividend yield of 5.3%, VICI Properties offers a high-yield option for dividend investors.

  10. McDonald’s Corp (NYSE:MCD): With its 48th consecutive year of dividend increases, McDonald’s remains a strong dividend stock, even in challenging economic conditions.

  11. AbbVie Inc (NYSE:ABBV): Known for its consistent dividend increases and a yield of over 3%, AbbVie is an important stock in this investor’s portfolio.
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These top dividend stocks helped this young investor grow their income from $15 to $1,000 in just two years. By following a disciplined investment strategy and focusing on quality dividend-paying companies, anyone can achieve similar success in their dividend portfolio.

At Extreme Investor Network, we provide valuable insights and strategies for investors looking to maximize their wealth through dividend stocks and other investment opportunities. Join our network today to access exclusive content and expert advice on building a strong investment portfolio that can help you achieve your financial goals. Remember, it’s never too early or too late to start investing in your future.