Author: Mike Nadel, Dividends And Income

If I’ve said it once, I’ve said it 100 times… the Income Builder Portfolio is a long-term endeavor, not a trading vehicle. And yet here I am, selecting a company for the IBP that we bought and sold in 2019.

As an investor, I want to own high-quality companies with proven business models that will create wealth, grow dividends and pave the way for financial independence.

With a 4.1% yield and 18 consecutive years of dividend increases, I expect it to be a productive component of the Income Builder Portfolio for years to come.

This marks the third time we’ve bought it. To say I’m pleased with how the first two purchases worked out would be one of the understatements of the year, as it’s crushed the overall market.