World's Best Dividend Portfolio

In June, I invested my money equally in a selection of 10 high-yield dividend stocks. Those names offer triple the yield of the average S&P 500 stock. You can read all the details. Now let's check out the results so far. The portfolio is now outperforming the S&P 500 by 9.2% in its first few weeks. Even better, it's improved its total performance from last week, during one of the most brutal weeks this year.

Still, I'd prefer to see absolute and positive outperformance. I'm not particularly concerned about short-term fluctuations, though. This dividend portfolio is designed to do better when the market is performing poorly. In the meantime, we'll cash our dividend checks and wait for an opportunity to reinvest those proceeds. Both Seaspan and Frontier have taken the market downturn hard and could be attractive places to add reinvested dividends.

Source: Motley Fool

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