This post is to inform you of an income based strategy we have rolled out to our clients.
It’s designed to provide an income based “monthly dividend check” using common stocks. While the focus is income, there is still growth available.
The objective of the “Check A Month” strategy is to create a diversified portfolio of dividend paying stocks in the S&P 500 and evaluating them using a technical scoring system.
The goal of the monthly income check strategy involves buying a group of quarterly-dividend-paying stocks with payment dates spread across the calendar, so a client receives a dividend check(s) each month. Clients will need to pay taxes on any dividends they receive. \