Why I Just Swapped These 2 Well-Known Dividend Stocks
3M(MMM) The Motley Fool·2024-10-19 13:42
I'm replacing a dividend cutter with a company that pays a more sustainable dividend.I enjoy investing in dividend stocks. I like to see the income flow into my portfolio. It gives me more money to reinvest into income-generating investments. That grows my passive income stream toward my ultimate goal of eventually reaching the level where it can offset my regular expenses. I've hit a few speed bumps in achieving that goal over the years because companies I owned cut their dividends. One of those disappoint ...