Income From Dividends

I will share my journey with you on my quest for achieving a income from a dividend stream from stocks with above average dividends, which consistently increase their distributions over time.

Why?

Reason 1- Because the marginal tax rate on eligible dividends is now lower than the rate on capital gains in most caandian provinces at most income levels. In fact, at lower income levels, the marginal tax rate on eligible dividends is often negative. That is, adding more eligible dividend income to your tax return can actually reduce your overall tax bill.. What a bargain!

Reason 2 - For those looking for safety and security from their stock portfolio, dividend-paying stocks remain attractive. Over time, dividend payers have historically outperformed other investments, with quite a bit less volatility -- a win-win for investors.