I got this from a newsletter yesterday, I believe it was a Penny Sleuth, don’t remember, but took alot of notes to inquire. Amy Calistri is the woman who claims to have come up with this dividend trifecta deal where she basically discusses locating companies with multiple years of increasing annual dividends, being between 8%-15% high yield, and being stable although high yield.
Her purpose for owning these stocks would be to get a monthly paycheck from a principal scattered throughout them creating a monthly income from dividends. Then every month rolling over the income into more shares compounding interest then creating a nice sum of money yearly not to mention after a decade or two.
She claims there is about a 100 stocks that fit the bill and her newsletter will tell all, as is tradition.
My question, does anyone know the reasonable reality behind her strategy and if so how should I go about trying to locate stocks like these myself through personal screening.
What do you guys think? I’ve never dealt much with dividends and naturally love how it sounds, but as always, ever skeptical on it being that simple.