|Source: Capital Pixel|
Another way to go is with dividend ETFs. As always, they provide excellent diversification, are low fee (compared to mutual funds) and, in some instances, are commission free.
To get a take on what's available, I looked at the Schwab comparison chart shown here:
I purchased some of DVY for clients who require an income stream. Here is a history of a purchase:
CLICK TO ENLARGE Note that it pays quarterly and that, given the dividend payments and today's price of $53.82, it is easy to calculate total return.
Disclosure: Although the data in this post was obtained from reliable sources, it cannot be guaranteed. I and my clients hold ETFs mentioned in this post. This post is for educational purposes only. Readers should consult the disclosures of the data sources as well.