Author: Mike Nadel, Dividends And Income

Already having generated significant cash for the IBP since we initiated our position 17 months ago, it now has become the portfolio’s No. 3 income producer.

It will be the 50th purchase in our Income Builder Portfolio.

With both eye-popping income production and market-crushing total return, our real-money, real-time endeavor has plenty of reasons to celebrate its 2nd birthday. Having used Dividend Growth Investing as our primary strategy, outstanding income advancement practically was a given. But even I am a little surprised that the IBP has so thoroughly outperformed the overall market.

One big pro of owning this company is the dividend, which has been paid without interruption for more than a century and which has grown annually for six decades.

It will be the 49th purchase in our Income Builder Portfolio.