This purchase will add roughly $ 99
in additional dividend income to my portfolio on a going - forward basis, because of D's higher dividend yield.
And I feel pretty confident that, due to massive built - in competitive advantages I recently wrote about, they'll be a more profitable company, which should
confer additional dividend income my way.
As you can see in our table, for the senior with an income of $ 85,000, an extra $ 1,000 in interest income reduces OAS by $ 150, but the same amount
of additional dividend income reduces OAS by $ 212.
This would provide
an additional dividend income stream and increase diversification.
This would provide
an additional dividend income stream and increase diversification.
Thanks to monthly dividends, you won't have to wait long for
the additional dividend income.