How to Earn a "Paycheck" Every Month With the Dividend Income Machine
What is the Dividend Income Machine? In short, it’s a way to pocket sizable income every single month.
It’s a portfolio of 12 dividend-paying stocks that can increase your income leading up to your retirement and provide steady payouts during your retirement
The best thing about these stocks is how they’re all Dividend Aristocrats… which means they’ve consistently increased their annual dividends over the last 25 years or more!
In addition to the 25 minimum years of increasing their dividends, Aristocrats must also be members of the S&P 500 Index and meet certain size and
These are all well-established companies. You should recognize most – if not all – of the ones we list.
The Dividend Income Machine Calendar
Our first pick is The Clorox Company (NYSE: CLX).
Its dividend payments are made in January, April, July and October for a total payout of $3.84, or $0.96 per quarter.
It manufactures and markets consumer and professional products worldwide. Many of these products are used by households on a daily basis.
Current yield is 2.4%.
Our next pick is Target (NYSE: TGT).
Its dividend payments are made in February, May, August and November for a total of $2.56 or $0.64 per quarter.
Target operates as a general merchandise retailer that you’ve likely shopped at or, at the very least, passed in your travels.
Current yield is 3.8%.
Rounding out the Dividend Income Machine’s first quarter is T. Rowe Price Group (Nasdaq: TROW).
Its dividend payments are made in March, June, September and December for a total of $2.80, or $0.70 per quarter.
T. Rowe is a publicly owned asset management holding company. The firm provides services to individuals, institutional investors, retirement plans,
financial intermediaries and institutions.
Current yield is 3%.
Now let’s turn to McCormick & Company (NYSE: MKC)…
Its dividend payments are made in April, July, October and December for a total of $2.08, or $0.52 per quarter.
McCormick manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful food-industry products.
Current yield is 1.99%.
Next up is Johnson & Johnson (NYSE: JNJ).
Its dividend payments are made in February, May, August and November for a total of $3.60, or $0.90 per quarter.
Johnson & Johnson researches, develops, manufactures and sells various products in the healthcare field worldwide. Your medicine cabinet likely
contains many of its products..
Current yield is 2.5%.
To end the first half of the year, we’ll examine The Coca-Cola Company (NYSE: KO).
Its dividend payments are made in March, June, September and November for a total of $1.56, or $0.39 per quarter.
Coca-Cola manufactures and distributes various nonalcoholic beverages worldwide.
Current yield is 3.2%
Moving on to Procter & Gamble (NYSE: PG) now…
Its dividend payments are made in January, April, July and October for a total of $2.88, or $0.72 per quarter.
Proctor & Gamble manufactures and sells branded consumer packaged products worldwide.
Current yield is 3.1%.
Next on our list is Exxon Mobil (NYSE: XOM).
Its dividend payments are made in February, May, August and November for a total of $3.32, or $0.82 per quarter.
Exxon Mobil explores for and produces crude oil and natural gas all over the world. It also manufactures and markets petrochemicals, including olefins,
aromatics, polyethylene and polypropylene plastics, and specialty products. And it transports and sells crude oil, natural gas and petroleum products.
Current yield is 4.2%.
Then we have Kimberly-Clark Corporation (NYSE: KMB).
Its dividend payments are made in March, June, September and December for a total of $4.00, or $1.00 per quarter.
Kimberly-Clark manufactures and markets personal care, consumer tissue and professional products worldwide. It sells household products directly to
supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, as well as through other
distributors and e-commerce businesses.
Current yield is 3.5%.
To start out the last quarter of the year, we have Colgate-Palmolive Co. (NYSE: CL).
Its dividend payments are made in January, April, July and October for a total of $1.68, or $0.42 per quarter.
Colgate-Palmolive manufactures and sells consumer products worldwide.
Current yield is 2.7%.
Then there’s McDonald’s Corp. (NYSE: MCD).
Its dividend payments are made in February, June, August and November for a total of $4.64, or $1.16 per quarter.
McDonald’s operates and franchises restaurants worldwide, offering various food products, soft drinks, coffee and other beverages. They currently operate over 36,000 locations.
Current yield is 2.5%.
Finally, to close out the year, we have Wal-Mart Stores Inc. (NYSE: WMT).
Its dividend payments are made in March, May, August and December for a total of $2.08, or $0.52 per quarter.
Wal-Mart operates retail stores in various formats worldwide. As of June 2016, it owned 11,718 under 63 banners in 28 countries, with e-commerce sites in
Current yield is 2.2%.
Don’t let another moment pass without The Dividend Income Machine helping you collect those extra “paychecks” and setting you on the path to a wealthy retirement.
The Wealthy Retirement Research Team