Author: Mike Nadel, Dividends And Income

Three years after its inception, our Income Builder Portfolio is now projected to generate over $2,500 in annual dividend income; halfway towards our 7- year goal of $5,000.

They’re all Dividend Aristocrats, so the decision to add to all three positions should have a positive long-term effect on the Income Builder Portfolio’s income stream.

It’s a reasonably valued, dividend-paying consumer staples name that sells well-known products.

I’m going outside the box with this selection: The company’s brands are familiar to just about every American adult, but the stock has only been available to investors for less than a year.