Dividends4Life: Simple Way to Boost Your Dow Dividend Income

Simple Way to Boost Your Dow Dividend Income

Posted by D4L | Friday, August 23, 2013 | | 0 comments »

One reason many ordinary investors turn to the Dow Jones Industrials (DJINDICES: ^DJI ) as a market benchmark is that the average is a fertile source for dividend-paying stocks. With all 30 stocks in the Dow paying a dividend, the Dow overall carries a yield of about 2.4%.

But if you're like many investors who are having trouble making ends meet living off their portfolio income, you might find 2.4% isn't enough to get you the cash you need. With a simple investing strategy that combines the use of the Dow-tracking SPDR Dow Jones Industrials (NYSEMKT: DIA ) with call options, you can boost the amount of income you get from your portfolio -- and by a considerable amount in some cases.

Source: Motley Fool

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