Max Dividends Portfolio: Month 11 - Week 2. Goal $12,000 Monthly for 120 Months

MaxDividends Mission: Helping & Supporting Everyone in Building a Growing Passive Income, Retiring Early, and Living Off Dividends.

Intro

I’m continuing my dividend journey, adding new stocks to my dividend portfolio every week. My passive income keeps growing.

I just wanted to share that I've been closely watching the market all week and am excited to see our dividend goals getting closer with every dip. I'm glad to have the opportunity to buy more great companies at attractive prices.

In fact, many interesting opportunities are emerging—mostly familiar names—but now at even better prices. It's a good week!

I am keeping an eye on the prices of my favorite dividend companies from my watchlist and looking for the most attractive buying opportunities. It's a great time to find interesting dividend stock ideas.

I aim to pick ideas that are clearly undervalued at the time of purchase. This approach allows for a dual benefit: on one hand, securing a high and growing passive income from reliable companies, and on the other hand, benefiting from potential capital appreciation to multiply the initial investment.

By acting cautiously and investing with a long-term perspective, we take advantage of market inefficiencies and emerging opportunities.

Consistent dividend growth turns a portfolio into a predictable cash flow machine, paving the way to financial freedom.

Dividends are my go-to strategy for a reason. They’re like the tortoise in the race—slow, steady, and always winning in the long run.

The power of compounding is gaining momentum. My dividend snowball keeps growing.

Now, let’s talk about purchases! This week, I added a few positions to my portfolio and I’m really happy with the trades I made. Everything went great!

Follow me, I’ll share what I bought, my plans, and a full portfolio report below! 🚀📈

I follow the MaxDividends Investing Concept with a Dividend Growth Strategy. My selected companies (Dividend Eagles) keep me on track, consistently delivering strong dividend increases year after year.

The best part? In addition to growing passive income, I also benefit from substantial capital gains from some of the safest businesses in the world.

My Income Grows While I Focus on What I Love – Stress-Free and Effortless!

I’m sticking to my plan to build a strong passive dividend income. Every month, my dividends increase, bringing me closer to my goal. The MaxDividends App has been an essential tool on this journey.

03/14/2025

To see the MaxDividends strategy in action, I launched an experiment: $12,000 a month in 120 months. Check out my latest purchases, plans, deep dive, and thoughts below.

My Latest Dividend Milestones

• ✅ $100 per month – 100% achieved (3 months)

• ✅ $250 per month – 100% achieved (5 months)

• ✅ $500 per month – 100% achieved this week! (10 months)

• 🎯 $1,000 per month – ~56% achieved (+2% since last week)

Why Dividends Are Golden in Retirement? Market takes a dive? You’re still getting paid. Market soars? You’re still getting paid. It’s a beautiful thing

This is a proven, time-tested approach that leads predictably to success. By focusing on reliable companies that pay above-average dividends and steadily increase them over time, we set the stage for consistent dividend growth.

03/14/2025 - Updates | Purchases | Insights

Month 11, Week 2 – Today's Purchases and Key Takeaways

Invested $150,818 | Dividends $6,800.69 | Yield on cost 4.51%

Portfolio Updates

🏆 🎯 $558.06 per month in dividends – Wow! Look at that! Now I can travel a couple of times a year on the companies in my portfolio. That's awesome!

• Medtronic plc showed profitability +15.8%

• Cisco Systems, Inc showed profitability +20.01%

***

Recently

• UPS increased its dividend by +0.60%

• BestBuy Co raised its dividend by +1.10%

• Chevron hiked its dividend by +4.90%

• Hormel Foods Corporation boosted its dividend by +2.65%

• Genuine Parts raised its dividend by +3.00%

• T. Rowe Price Group hiked its dividend by +2.50%

• Archer Daniels Midland raised its dividend by +2.00%

• Nexstar Broadcasting hiked its dividend by +10.00%

• Polaris Industries raised its dividend by +2.00%

• Cisco Systems increased its dividend by +3.00%

• Robert Half International boosted its dividend by +11.00%

• PepsiCo raised its dividend by +5.00%

• Today's Investment: ~$3,546.04

• Total Invested: ~$150,818.01

• Current Portfolio Value: ~$139,842.88

Yield on Cost: ~4.51% | Current Dividends: ~$6,800.69

👉 link to My MaxDividends Strategy Portfolio

3.56% (MCHP) Microchip Technologies | 38 shares

5.21% (TROW) T Row Price | 11 shares

4.36% (RHI) Robert Half Int | 13 shares

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Today's Investment: ~$3,546.04

Total Invested: ~$150,818.01

Annual Dividends Now: ~$6,800.69 (+$217.99 since last week)

Portfolio Yield on Cost: ~4.51%

Month 11 vs Month 10

My Comments

03/14 Update

I continue to grow my portfolio with dividend stocks. Right now, I'm selecting companies that have shown strong dividend growth in the past and are in great shape today.

My passive income keeps increasing. In my investments, I follow the MaxDividends strategy. You can read more about it here:

👉 MaxDividends Strategy

My strategy is based on the MaxDividends concept and is incredibly passive. Most of the time, I do nothing—just watch my dividend income grow.

By sticking to the MaxDividends Investment Concept, I focus on reliable dividend growth stocks.

💼 T Row Price (TROW)

30+ years of consecutive annual dividend increases

T. Rowe Price Group (TROW) is a heavyweight in the asset management arena, consistently rewarding its shareholders. The company has been dishing out and upping dividends for 39 straight years, currently offering an annual payout of $5.08 per share with a 5.28% yield.

Over the past three years, dividends have grown by 4.71%, and with a payout ratio of 55.46%, there's room for further hikes.

In the October–December 2024 period (Q4 2024), T. Rowe Price reported $1.7 billion in investment advisory revenue, reflecting a 12.1% increase compared to the same period in 2023. This boost was driven by higher average assets under management (AUM), which grew by 14.7% to $1.5619 trillion in 2024.

💻 Microchip Technology (MCHP)

20+ years of consecutive annual dividend increases

Microchip Technology (MCHP), a leading provider of microcontrollers and analog semiconductors, has been paying and increasing dividends for 23 consecutive years. It currently offers an annual payout of $1.82 per share with a 3.41% yield.

Over the past three years, dividends have climbed 28.58%, and with a payout ratio of 68.60%, the company maintains a strong commitment to shareholder returns.

For the October–December 2024 period (Q4 2024), Microchip reported $1.326 billion in net sales, reflecting a 24.9% sequential decline. For the full fiscal year 2024, revenue came in at $7.634 billion, down 9.5% year-over-year. Despite these challenges, the company posted a 65.8% non-GAAP gross margin and $4.92 in non-GAAP earnings per share.

👫 Robert Half International (RHI)

20+ years of consecutive annual dividend increases

Robert Half International (RHI), a global leader in staffing and consulting services, has a strong track record of rewarding shareholders. The company has been paying and increasing dividends for 22 consecutive years, offering an annual payout of $2.36 per share with a 4.33% yield.

Over the past three years, dividends have grown 11.73%, and with a payout ratio of 77.37%, RHI continues prioritizing shareholder returns.

For the October–December 2024 period (Q4 2024), Robert Half reported $1.61 billion in revenue, down 5% year-over-year, reflecting a slowdown in hiring trends. Net income came in at $123 million, a 12% decline from the previous year as corporate demand for recruitment services softened.

Despite the dip, the company maintains a solid balance sheet and strong cash flow, reinforcing its ability to sustain dividend growth.

The Four Powers of My Dividend Strategy

These key factors turn my portfolio into a growing source of passive income

• Consistent Investments – I invest regularly, adding to my portfolio over time.

• Dividend Growth Stocks – I focus on companies that consistently increase their dividend payouts.

• Capital Appreciation & Smart Rotation – My holdings grow in value alongside the market. If a stock stops growing, I sell and reinvest the capital gains into high-dividend stocks.

• Dividend Reinvestment – Every dividend received is reinvested, compounding my income over time.

Right now, the primary driver of my portfolio is consistent investments, but each week, dividend reinvestment and increasing dividend payouts play a bigger role.

This is the MaxDividends Magic formula for growing passive income—a strategy built on strong, carefully selected dividend growth companies. These stocks form the foundation for long-term income expansion, while reinvestment accelerates the process. My initial investment is simply the spark that ignites an unstoppable cycle of growth.

Additionally, capital appreciation allows me to convert gains into even more dividend income, further boosting my passive cash flow.

To track and optimize my results, I rely on my go-to tool—the MaxDividends App. Let’s see what I’ve achieved today.

My Dividend Income Growth & Future Forecast

As of today, my monthly dividend income is approximately $560.

Using the MaxDividends App, I analyze dividend growth rates, portfolio allocation, and past & current payouts to project a conservative future income scenario.

Dividend Growth Forecast

📅 10-Year Projection: ~$21,000 per year

That means ~14% of my goal has already been achieved in just 10 months of this experiment.

With 109 months left, I’ll continue tracking progress weekly, sharing updates on the journey.

Recent Dividend Reinvestment

💰 February Dividends: ~$269.00
🔄 Reinvested in March.

Next Steps

My plan is to add more shares of strong dividend growth companies, focusing on selections from the Dividend Eagles List and following the MaxDividends Investment Concept using the MaxDividends Dividend Growth Strategy.

My Core Portfolio

High-Yield Dividend Growth Focused. Family Assets ~ $1,339,000.00

Intro

The core idea remains unchanged—build a high-yield, dividend-growing portfolio with strong potential for sustainable price performance.

Using deep, data-driven financial analysis and the MaxDividends Concept, my team and I scan global markets, hunting for the best opportunities across developed countries.

Main Q1’25

Over the past two years, I’ve transitioned from active capital accumulation to consolidating my savings and shifting from growth stocks to dividend growth stocks and high-yield dividend stocks.

For the past 20 years, I’ve aggressively invested my time and resources into building businesses, which have been my main source of capital. In recent years, my stock investments have further grown that capital.

This year, I’m turning 40. As a father of three, I want to stay involved in business and investing, but on my own terms. My goal is to take on a more strategic role, free up more time for myself and my family, and pursue interests I’ve put off for years. Investing allows me to do just that.

In 2025, I’m transitioning to fully living off dividends. My primary capital and main portfolio—filled with strong growth companies and high-dividend stocks—will fund this shift. In January, premium MaxDividends members will receive a full portfolio breakdown and my detailed Q1 2025 plan.

Starting in Q2 2025, alongside my regular $12,000 experiment purchases, I’ll demonstrate how I live off dividends using the growing passive income from my main stock portfolio.

Currently, my portfolio is worth approximately $1,339,000. Since last year, I’ve stopped investing in pure growth stocks in this portfolio and shifted toward dividend growth and high-yield dividend stocks.

By the end of 2024, my plan was to further transition toward dividend income—and I executed that plan earlier this week.

Core Portfolio Breakdown

✅ 20% Capital Growth Stocks – These allow me to multiply my capital over time by investing in strong companies with high-growth potential.

✅ 80% High-Yield Dividend Growth Stocks – These provide a reliable, growing passive income while maintaining capital growth potential that outpaces inflation.

A) Capital Growth Stocks (20%)

Strategy: I plan to reinvest half of the proceeds from selling these stocks into new growth opportunities and use the other half to buy high-dividend growth stocks.

Current Holdings Include:

• TSCO – Tractor Supply

• FDS – FactSet Research

• MSFT – Microsoft

• GWW – WW Graigner

• SWKS – SkyWorks Solutions

• LRCX – Lam Research

• ZTS – Zoetis

• V – Visa

• TXN – Texas Instruments

• AMAT – Applied Materials

• POOL – Pool Corp

• NKE - Nike

B) High-Yield Dividend Growth Stocks (80%)

My monthly dividend income from this portfolio is currently approaching $5,000 per month. In the first half of 2025, I plan to increase this to $6,000 per month by reinvesting both business profits and dividends.

Over time, my passive income will continue to grow, covering all family expenses while allowing me to reinvest for long-term wealth.

Largest Dividend Growth Companies in My Core Portfolio:

• MDT Medtronic

• Ono Pharmaceuticals

• ADM Archier Midland Daniels

• FMC FMC Corp

• AMB Ambra SA (Poland)

• 9880 Innotec (Japan)

• TROW T Row Price

• MELE Melexis (Belgium)

• CTC-A Canadian Tire (Canada)

• UPS United Parcel Service

• AKE Arkema SA (France)

👉 Main Portfolio Link Here

Core Portfolio Updates

🏆 VISA Inc. showed profitability +44.31%

• Wacker Neuson SE shows good dynamics +36.98%

***

• Zoetis Inc boosted its dividend by +15.74%

• Tractor Supply raised its dividend by +4.50%

• Applied Materials hiked its dividend by +15.00%

Recently

• T. Rowe Price Group hiked its dividend by +2.50%

• BestBuy Co raised its dividend by +1.10%

• Teleperformance SE boosted its dividend by +9.00%

• Arkema hiked its dividend by +2.90%

• Nexstar Broadcasting boosted its dividend by +10.00%

• UPS increased its dividend by +0.60%.

• Nomura Real Estate boosted its dividend by +20.00%

• Sun Wa Corp raised its dividend by +15.00%.

• Tractor Supply hiked dividends by +4.50%

• Archer Daniels Midland raised its dividend by +2.00%.

Companies Purchased This Week & Today

This week, due to the market downturn, I added one new position to my main portfolio. Here’s what I invested in.

BestBuy Co | 40 shares

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Today's Investment: ~$2,114 (+852.12 reinvested) | Total Invested: ~$1,182,076.80

Current Yearly Dividends: ~$56,367.74 (+$20.33 since last week)

Portfolio Yield on Cost: ~4.62%

My Comments

Moving forward, I plan to reinvest the dividends I receive each month. Additionally, there may be new, occasional contributions.

I reinvested my February dividends by adding BBY (Best Buy) shares to my main portfolio.

💻 BestBuy Co (BBY)

20+ years of consecutive annual dividend increases

Best Buy (BBY), a leading consumer electronics retailer, has been rewarding its shareholders for 21 consecutive years with steady dividend growth. Currently, the company offers an annual payout of $3.80 per share with a 4.83% yield.

Over the past three years, dividends have climbed 10.33%, while a payout ratio of 57.67% leaves room for further increases.

For the October–December 2024 period (Q4 FY2025), Best Buy reported $14.65 billion in revenue, down 2.8% year-over-year, reflecting softer consumer spending on big-ticket electronics. Net income came in at $460 million, compared to $495 million a year ago, as margins remained under pressure.

Conclusion

No changes. I’m distributing the remaining savings into the core portfolio, following the plan for Q1 2025.

Targeting $30,000 Monthly Income

By 2033–2035, I expect to generate $12,000–$14,000 per month in dividends from the Core Portfolio and a similar amount from the $12,000 Monthly Dividends Portfolio.

Combined, this will bring my total passive income to around $30,000 per month. With this income, I can fully cover family expenses, reinvest for enjoyment, and continue supporting the MaxDividends project.

That’s all for to today.

With respect for your well-being, Max

If you have any questions, feel free to email me at: [email protected]

If you like what we do, you can always provide additional support for the project.

Thank you for being a part of it!

MaxDividends Key Concept

Predictability in key areas is the foundation of peace of mind. And peace of mind is the cornerstone of financial well-being. At MaxDividends, it’s all about achieving that peace of mind.

We focus on a dividend growth strategy, perfect for investors looking for capital appreciation, a solid level of safety, and increasing income.

As the name implies, dividend growth investing revolves around finding stocks that not only pay dividends but also have the ability to consistently grow them over time.

👉 My Personal WatchList

👉 Dividend Eagles List - MaxDividends Top Stocks

MaxDividends Idea: Retire Early & Live Off Dividends

👉 My Own High Yield Dividend Growth story. $12,000 monthly for 120 months

Every Friday, I make purchases according to the plan and share the strategy results on the MaxDividends blog.

MaxDividends Mission: Helping & Supporting Everyone in Building a Growing Passive Income, Retiring Early, and Living Off Dividends.

Here’s a quick overview of what’s currently available to you as a Premium Partner:

• (Priceless) - Private chat for MaxDividends Investors

• (Value $50/month) - Weekly Top 10 Growth Dividend Stocks

• (Value $50/month) - Weekly Top 10 High-Yield Dividend Stocks

• (Value $50/month) - Weekly Top 10 Ultra-High Yield Dividend Stocks

• (Value $30/month) - Monthly Undervalued Dividend Stocks List: Kings, Aristocrats, Eagles

• (Value $50/month) - Dividend Ideas & Market Overview

• (Value $20/month) - Dividend Eagles List of Stocks

• (Value $30/month) - Access to MaxDividends App Alpha Version

FAQ

• I ❤️ Dividends: Why I Believe Dividend Investing Is the Best Strategy | PDF Book

• The 5 Timeless Rules of Dividend Investing. PDF Book

• My Personal High-Yield Dividend Growth Story

• How Do We Select MaxDividends Stocks

• What is MaxDividends Strategy

• How Effective is MaxDividends Strategy for Building a Growing Passive Income

Let me know if you need any assistance with MaxDividends 🙏

Feel free to email me at: [email protected]