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Darden Restaurants Now Added To The Dividend Yield PI Portfolio

ByDividend Yield
Published 12/11/2012, 06:57 AM
Updated 07/09/2023, 06:31 AM
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BIG
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Last Friday I added 30 shares of Darden Restaurants (DRI) to my virtual Dividend Yield Passive Income (DYPI) Portfolio. The Portfolio was funded with 100k a few weeks before. The portfolio is not real, but I want to show how to make money with dividend stocks. The point is to show how to realize a reliable income from solid dividend paying stocks. I also want to show that it is possible to buy stocks in every market situation. The only thing you need is time and patience. Big yields can only realized over a long period of time.

For the time being, the DYPI-Portfolio has only 10 stocks and I plan to increase the number of shares to 50-70 over the next years. I'm slowly adding stocks. This is a strategy that fails if the market goes up strongly as happend in recent few weeks. But my approach is not to get rich quick.

The ten stocks from the DYPI-Portfolio generate roughly $500 annualized dividend income which represents around 4% portfolio yield. In addition, I have $86k of free cash for further stock buys. I aim to raise the dividend cash output to a level of around $3-4k over the next year. For the long-term, my goal is to double this amount within the next 10 years.

Dividend
Here are the transactions, trades and dividend payments:
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