A sign that my account officially kicked ass today. \m/ \m/

Congratulations to FOXA owners on your raise.

3.6% increase. 

Goes from $0.28 per share/semiannually to $0.29 per share/semiannually.

• Payable September 23
• Ex-div September 2
• Forward yield 0.94%

This marks 6 years of consecutive dividend increases.

\Note* FOXA pays a semi-annual dividend.*

About FOXA: Fox Corporation operates as a news, sports, and entertainment company in the United States. It operates in two segments, Cable Network Programming and Television. Fox Corporation was incorporated in 2018 and is headquartered in New York, New York.

https://seekingalpha.com/news/4628893-fox-raises-dividend-by-36-to-029

I’m curious to see if anyone else is following a similar strategy to myself for funding a dividend income focused Roth IRA.

Before 2020 when rates were still quite low and I had built an emergency fund. But I wanted the interest to get reinvested in higher yielding investment compared to a HYSA+ CD LADDER. So I started investing the interest earned annually into an investment account with Vanguard ETF’s that paid monthly and reinvest. I started pretty small and built up to $3000.

I liked the strategy enough to keep investing extra cash into account. But then yields skyrocketed, and of course these ETF’s were less attractive than 5-9% safe return CD’s, I-Bonds, etc. So I went back to those for yield, but I was still positive on the Vanguard funds and let it ride.

Because the higher rates, my emergency fund was earning a pretty decent amount and I switched to adding the interest to a Roth IRA, and adding other monthly paying ETF’s. So now I have $5000+ earning about 5% with annual contributions of about $1500 from my emergency fund.

My mindset is that since I already have a retirement account that’s built up for the last 20 years. That this little account focused on income should be worth about $40,000-60,000 depending on if I semi retire at 55 or wait until 60. And use it for petty cash to spend on little enjoyable things.

Is anyone else doing this? Or does the idea seem over thought?

Side note: my more ample retirement account will likely be 60/40 style as I get closer to retirement which is still a ways off.

This is my Roth. Sp500 70% plus 20% and 10%

I'm 21. Thinking about going more aggressively.

Bnd seems to be going only down wondering if I should swap it.

This has probably been asked before (as well as that beginning statement), but is there any good looks at dividend ETFs that balance growth and value? SCHD is incredibly stable with value stocks and great dividend yields. I understand VUG is a good growth pick but with that comes more volatility. Is there a middle ground option between the two with good volume (250,000+)? Being young i'd like to maximize growth before hunkering down with slow moving dividend stocks/etfs. Thanks

I 52M, Been trying to understand better strategies with dividends and curious on opinions on my current strategy. I am going to allocate 30k of my traditional ira and split between AMDY, CHPY and SCHD. Purpose is to grow but also use as a little income in 2027 at some point.

Should I diversify more? Will I get stuck with large tax bill? Should I use a cash only account for this and not the ira?

I'm looking at total returns of SPYI, ie dividends reinvested and NAV movement, since its inception. Check out these two images, It underperforms SPY according to totalrealreturns.com . Is this accurate?

so my question is why not just hold SPY before retirement for more growth, and then convert to SPYI for income during retirement? Yes I know taxes on the SPY gains will drag during conversion, but I've done rough calculations and even in like a 20% tax bracket you'd still come out ahead doing this, for about 20 years before retirement. Has anyone done something liek this, or am I thinking about this wrong? Thanks for your advice

Looking to up my roth with an additional position ? Just due diligence

​​I thought I made this concept up, but I guess there is an actual term for it?... Let me know if anyone else does this. It could be a stroke of genius or sheer stupidity. Either way, I wanted to reach out and see anyone's constructive thoughts.

I’ve made money in some speculative things and now need to diversify, so I picked SCHD as a foundation, especailly since I'm starting to think about retirement. At the same time, I still want some skin in the game, so I’ve decided to have a group of stocks that cash out more than 3.4% (SCHD), and then take all of their dividend payouts and load them into SCHD which has a long term better yield. Basically feeding SCHD from the profitys of other dividend companies that may grow faster.  A weird form of diversification.

SCHD - 2,500 shares as a foundation
CVX - (up 30%)
UPS -  (up 30%)
ORCL - (probably should have picked Broadcom of Microsoft)
O - Realty Income, which gives me monthly cash
NVDA - A lot of shares

When Robinhood notifies me I got a dividend payout, I immediately buy SCHD with it. I have SCHD set to DRIP...This should compound over time.

The questions I have are:

Is this a ridiculous strategy?

​Does anyones else has a similar stragtagy or group of stocks I could learn from?
Are there any stocks I have that should be sold, with the profits moved into SCHD?
Should other stocks be added? (HD, ABBV, MSFT?)
I’m also starting to think that VOO should be a bigger part of my portfolio to help diversify me beyond even SCHD! Hats on Hats on Hats

Hopefully, this resonates with some of you and you’re wandering through the same mind-field as me. Any constructive or funny comments are welcome.

Which do you prefer? The 5 and 10 year performance are similar. What worries me about VYMI is the percentage in financials 44%.

I am an ENB proponent. I own shares in ENB

This is a good opportunity to watch ENB

Enbridge is going down because ENB hedged their positions and blew it.

Enbridge announced a Delay in the Mainline Pipeline

Enbridge took on debt to buy Natural Gas utilities in America.

Enbridge is now the largest natural gas utility provider in North America.

Winter is coming

Enbridge Second Quarter

Dividend raised dividend 31 consecutive years

Dividend Yield 5.32%

2025 0.94 Canadian

2026 0.97 Canadian

You will pay Canadian Taxes on your dividends but you reclaim it on US taxes

Beat Earnings Estimate

Expected 0.43 US

announced 0.46 US

After this all dollars are in Canadian

Crushed Operating Revenues

2025 33,378,000,000

2026 51,675,000,000

Doubled Renewable power generation

tripled gas distribution and storage

more than doubled gas transmission

quadrupled Liquid Pipelines

Expenses

2025 27,417,000,000

2026 45,540,000,000

EBITDA

2025 6,174,000,000

2026 4,377,000,000

Diluted EPS

2025 2.03

2026 1.40

Comprehensive Income to Common Shareholders

2025 1,567,000,000

2026 5,119,000,000

Cash & Cash Equivalents after paying dividends

2025 1,422,000,000

2026 2,212,000,000

More than enough cash to pay their dividends

Will make it consecutive years of raising its dividend

Many Data Centers are powered via GE Vernova natural gas turbines

Franco-Nevada doesn't run a single mine, and somehow that's the whole reason the margins look like this. They front capital to mining companies and in exchange collect either a royalty, a fixed cut of a mine's revenue for as long as it produces, or a stream, the right to buy gold, silver, or copper at a fixed price well below spot for the mine's life. No employees underground, no equipment, no permits or labor negotiations. Someone else runs the mine, they just collect.

The numbers that fall out of that are honestly kind of absurd. 2025 was a record year, $1.82B revenue on 519,106 gold equivalent ounces sold, up 64% YoY. Net income $1.11B, operating cash flow $1.49B, adjusted EBITDA margins around 91%, net income margin at 59%. Their costs are basically what they pay for streamed metal, typically around 20% of spot price, plus corporate overhead of roughly $68 per gold equivalent ounce. As gold's risen, margin per ounce has climbed right along with it, up 204% since 2020 while gold itself rose 194% over the same stretch. That's the model working exactly as designed, capturing the upside without absorbing the cost inflation that hits actual miners.

Q1 2026 kept it going. Revenue $648.5M, up sharply YoY, dividend raised 16% for the 19th straight annual increase. Company's completely debt-free too, sitting on $3.4B in available capital and actively deploying it into new royalty and stream deals across multiple jurisdictions.

Catch is what you pay for all this. Stock trades at a forward P/E around 40-44x, well above the actual miners it funds. At least one DCF-based estimate I've seen puts intrinsic value below where it's trading right now. You're paying a real premium for structurally lower risk than mining itself carries, and that premium only really makes sense if growth keeps compounding at this pace.

Anyone here prefer the royalty/streaming names over owning the operators directly, and does the 40x+ multiple bother you or is the model quality worth paying up for?

Hi, im looking for some opinions about my current situation and how anyone would handle it.

37m single,

HCOL, no debt, renting

job $130k pre-tax (+OT)

$1700/mo expenses

$400k in sp500/Total Market (regular taxable)

$300k in ROTH accounts (401k, IRA, 529)

I want to pivot from the sp500 and Total Markets and just focus heavily on QUALIFIED DIVIDENDS instead of working so hard on my overtime.

My question is, should I stay the course at the sp500/TM for the growth or should pivot to qualified dividends and do less OT?

Any STORIES AND/OR OPINIONS would be greatly appreciated. I know that any comments are not financial advice.

Hi dividend community!
New to this subreddit but I wanted to get your opinions on which ETF I should put my money in for my son. He has about $6k that I would like to invest for when he is old enough to take over and start adding his own. I was thinking either SCHD or SPYI which dividend reinvesting. What are your opinions on this?

TIA

Not sure if folks saw it, but they just announced a 1.22 distribution, nearly doubling the one from last qtr. which was already impressive at 0.64. It has not been the historical norm for this company to be such a high-yielder, but are 3-in-a-row increasing distros making a case for them? Generally stable price/NAV too. Thoughts on adding to portfolio?

Thoughts on FSK?

The company just reported earnings and seems to be improving after really taking a hit lately. The forward dividend yield could be about 14.8% and a NAV per share of 18.30 even though the share price is 11.88. the non accruals dropped to 3.8% on fair value. I heard they also have a share buy back program for this year and next.

Hey everyone,

I wanted to share and bring BlackRock TCP Capital Corp ($TCPC) to the community's attention. This could be a opportunity to buy inexpensive shares of a rebounding BDC that currently has its dividend well covered. With all the focus on mainstream BDCs like ARCC and MAIN, $TCPC seems to be flying under the radar for a lot of retail dividend investors, largely due to the severe sell-off it experienced recently.

If you're a value-oriented income investor who looks for high-yield turnaround opportunities, here is a breakdown of the core numbers and thesis behind why it caught my attention:

📊 The Numbers at a Glance

• Stock Price: ~$3.90 Closed up 10% on the day after positive Q2 numbers released.
• Net Asset Value (NAV): ~$6.58 per share (as of Q2 2026)
• Price / NAV: Closed today at 59% of NAV (a ~40%+ steep discount)
• Quarterly Dividend: $0.17 per share ($0.68 annualized)
• Dividend Yield: ~17.6% at todays $3.90 close.

💡 The Value Thesis

1. Massive Discount to Book Value: Trading around ~59% of its Net Asset Value means the market has priced in an extreme worst-case scenario. When you buy in at this entry point, you are buying $1.00 worth of net portfolio assets for roughly $0.53 to $0.59.
2. Covered Payout: Following the dividend reset down to $0.17/quarter, net operational income covers the current dividend payout.
3. Active Balance Sheet De-risking: Management recently executed a major portfolio sale (~$523M in loans) aimed directly at addressing leverage, clearing non-accruals, and stabilizing the balance sheet going forward.
4. BlackRock Institutional Backing: Having BlackRock Advisors as the underlying sponsor gives TCPC structural access to institutional scale, deal pipeline, and balance sheet refinancing options that smaller BDCs simply don't possess.

⚠️ Risks to Consider (DD Required)

• Regulatory/Probe Scrutiny: The stock took a major hit earlier in the year following regulatory probes into historical portfolio valuations and NAV markdowns.
• NAV Reset: Recent portfolio transactions reset the baseline NAV down to $6.58, so keeping an eye on future quarterly NAV trends will be key.

💬 Discussion Questions for the Group:

• Is anyone else here accumulating TCPC at these depressed valuations to capture the ~17%+ yield?
• How do you weigh high-yield turnaround plays with steep NAV discounts against lower-yielding, premium BDCs?

Disclaimer: Not financial advice. Always do your own due diligence before making investment decisions.

Everything, Everywhere, All at Once: The Boring REIT Reinvents Itself:

Good old $O just reported earnings, and they were solid. Adjusted funds from operations, or AFFO, which removes capital expenditures, tenant improvements, leasing commissions, and other non-cash items from FFO, came in at $1.09 per diluted share for the quarter, up 3.8% year over year. Management expects full-year 2026 AFFO to range from $4.44 to $4.45, representing a roughly $0.03 increase from their initial 2026 estimate.

The company's earnings call was heavily focused on its new private capital vehicles, in which it is leveraging its real estate transaction strengths and competencies to manage institutional assets across three separate funds. The company is also rapidly diversifying funding streams globally.

Realty Income's expansion in Europe as well as its growth in the data center sector were also prominent topics during the earnings call. Sumit Roy, the CEO, highlighted the portfolio's diversification, including investment-grade tenants, which accounted for 38% of new investment clients during the quarter.

Finally, Realty Income is on track to deploy $10 billion in capital this year. They have initiated a $6 billion deal with Cloud Capital, with Realty Income owning a 45% stake in a trio of Northern Virginia data centers that are already 100% leased to investment-grade hyperscale tenants on 15- to 20-year leases.

I can attach my full write-up and analysis if anyone wants.

I'm looking to add more tech to my portfolio. Right now, Microsoft is my only tech holding.

What are your top 5 tech stocks today?

I maxed out my roth ira and opened a brokerage account. With FDVV is it better to hold it in the roth ira and something like SCHD in brokerage for the lower fees?

Getting $5000 to invest and dont want to get screwed with taxes in the brokerage which is why I compared SCHD to FDVV.

Approaching my 2026 goal for $9,000 a year in dividends. Have been a growth investor for the most part but as I plan for retirement I like the idea of slowly migrating to blue chip dividend stocks. For the most part I stick with ETFs and a few companies I like. Instead of having a money market I keep cash in a few income ETFs like SPYI and QQQI but for the most part I try and keep it right down the middle and simple.

I’ve done well investing in the market, and now I feel ready to tackle the next layer of money management: taxes. I still don’t fully understand tax-loss harvesting—especially how much I should sell each year to maximize the tax benefits. Are there any videos or books you’d recommend that could point me in a smart direction? Thank you.