Dividend investing is gaining popularity as more Americans turn to secondary income sources to offset market volatility and inflation. Data from Hartford Funds shows that from 1973 through 2024, dividend stocks in the S&P 500 posted an annualized return of 9.2%, compared with only 4.3% for non-dividend companies.
In June, a dividend investor shared his income report and portfolio details on r/Dividends, a Reddit community with over 760,000 followers. The portfolio screenshots shared by the investor showed his monthly dividend income stood at $5,240. The investor said he crossed the $5,000 monthly dividend income milestone for the first time.
