The author of this article must be reading this thread....
He does do one interesting calculation which I've never even thought of - and that is what happens to the % if a company grows the dividend over time...
Interestingly -- I've stated here many times -- that money doubles about every 10 years (based on a 7% interest rate/dividend rate etc). Well guess what? So does the dividend % if a company increases it at about that same rate! DOH!
Read the article and it will make sense.
Also note the small number of shares this "portfolio" is working with.... yet the important part to me is -- that the author has a plan -- is working that plan -- and he understands the market and what his goal is.
http://seekingalpha.com/article/1474...g_income&ifp=0