Retired Dividend Investor in 60s Earning $15,900 Per Month Shares Stock Portfolio: Top 10 Stocks You Should Not Miss
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Markets were off to a choppy start to 2025. Some analysts expect AI-driven stock rallies to slow down and investors to shift their focus to stable companies that generate regular income. An S&P Global report said dividends in the U.S. will continue to grow in 2025, with sectors like banks, energy and financial services taking the lead.
On Dec. 26, a dividend investor shared his detailed income report with portfolio screenshots on r/Dividends – a discussion board for income investors on Reddit with more than 640,000 followers. The investor said he was following up on a post he made on Reddit seven months ago. In that post, the investor said he was earning about $12,200 per month and it took him 27 years to reach this milestone.
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“It took 27 years with initial $60K and no new money in. I never contributed any new money to this account. So, my original $60K in 1996 multiplied 25 times to $1.5M in 27 years,” he said.
The investor, who is in his late 60s, said his portfolio was focused on growth stocks, but he shifted to dividend equities about two years ago.
The portfolio screenshots shared in the latest post showed the investor made about $15,900 per month in dividends.
“This account started $60k in 1996 and 28 years later with no additional contribution, it became almost $1.8M now,” he said during the discussion on the latest post.
Let’s look at some of the key dividend stocks and ETFs in this portfolio.
JPMorgan Chase & Co.
Number of Shares: 98.4581
The investor earning about $15,900 per month had 98 JPMorgan Chase & Co. (JPM) shares in his portfolio. The stock has gained about 42% over the past year. JPM yields about 2%, according to Benzinga Pro.
YieldMax AMZN Option Income Strategy ETF
Number of Shares: 2,547.4056
The YieldMax AMZN Option Income Strategy ETF (AMZY) generates income by selling call options on Amazon stock. The fund has a distribution rate of 59%. The investor earning $15,900 per month in dividends had about 2,547 fund shares.
ProShares S&P 500 High Income ETF
Number of Shares: 3,654.6752
The ProShares S&P 500 High Income ETF (ISPY) generates income by selling call options on stocks as well as seeks capital returns of the broader market. The fund pays monthly and has an annualized distribution rate of over 9%.
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) is a high-yield covered call ETF that distributes monthly dividend income. The ETF invests in Nasdaq companies and generates extra income by selling call options. The investor had 6,643 JEPQ shares in his portfolio.
YieldMax NVDA Option Income Strategy ETF
Number of Shares: 3,421.0005
YieldMax NVDA Option Income Strategy ETF (NVDY) makes money by selling call options on Nvidia. Recently, the ETF has gained popularity amid the buzz around Nvidia. The fund has a distribution rate of about 49%. NVDY suits investors who believe in Nvidia’s long-term potential but want to hedge against possible declines in the chipmaker’s shares.
Invesco QQQ Trust, Series 1
Number of Shares: 549.653
The investor had about 549 shares of Invesco QQQ Trust, Series 1 (QQQ). The growth fund has gained about 28% in value over the past year.
NEOS Nasdaq-100 High Income ETF
Number of Shares: 1,500
NEOS Nasdaq-100 High Income ETF (QQQI) exposes investors to Nasdaq 100 companies and generates income by selling covered call options on the index. It pays a monthly income and has a yield of about 14%.
The investor also owned about 442 shares of the broader market fund SPDR S&P 500 ETF Trust (SPY). The fund has a dividend yield of about 1.2%. Apple, Nvidia, Microsoft and Amazon are the top four holdings of SPY.
NEOS S&P 500 High Income ETF
Number of Shares: 3,676.4932
NEOS S&P 500 High Income ETF (SPYI) is a high-yield covered call ETF that pays monthly dividend income. It invests in some of the top S&P 500 companies and generates extra income by selling call options on stocks, generating extra premium income for shareholders. SPYI has a distribution rate of more than 12%.
The YieldMax Universe Fund of Option Income ETFs
Number of Shares: 4,162.5021
The YieldMax Universe Fund of Option Income ETFs (YMAX) has multiple ETFs in its portfolio that implement options strategies to generate income. According to the portfolio screenshots he shared publicly on Reddit, the investor owned 4,162 shares of YMAX.
