High-Yield Dividend Investor Making $12,900 Per Year Names 10 Favorite Stocks – 'Took Me Almost 3 Years To Get To This Point'

Investing in dividend-paying stocks has long been a popular investment strategy for those seeking to generate passive income and build long-term wealth.

A well-constructed portfolio provides a cash flow stream and the potential for capital appreciation over time for the investor, so many are seeking advice online on this matter. For many individuals, dividend investments are charming because of their ability to compound returns, especially when reinvested. Yet, building a portfolio to reap these benefits requires discipline, patience, and a good strategy.

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And this is what a Reddit user has done. The investor recently shared his success story in a community on the discussion board, revealing that he’s crossed the $12,895 per year in dividends milestone. This achievement, which took him nearly three years to accomplish, brings him an extra $1,000 per month in passive income.

“It took me almost three years to get to this point… I have the feeling it's gonna really start taking off from here! Pretty pumped!” the investor wrote.

The investor’s portfolio consists of over 18 stocks and funds, each contributing to the $12,895 annual dividend income. Let’s explore the poster’s top 10 favorite holdings below.

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$12,895/Year in Dividend Income: Top 10 Stocks and Funds That Contribute to This Sum

ZIM Integrated Shipping Services

Israeli shipping company ZIM Integrated Shipping Services ZIM operates globally and has benefited from high freight rates. ZIM has an annual dividend yield of approximately 39.60%.

TORM Plc

Based in Denmark, TORM TRMD is a container shipping company that transports refined oil products. Investors like TRMD because of its high dividend history and exposure to global oil transport. The company pays 36.66% in dividends.

Mesabi Trust

With an annual dividend yield of 25.84%, Mesabi Trust MSB is a royalty trust that makes revenue from iron ore production in Minnesota, with distributions based on the mining company's earnings. Individuals invest in MSB because of the exposure to commodities it offers and the high dividends it pays.

Medical Properties Trust

A real estate investment trust, Medical Properties Trust MPW pays investors 5.48% annually in dividends. MPW owns hospitals and leases them to operators, and has a history of strong dividend paying.

VOC Energy Trust

VOC Energy Trust VOC is a royalty trust earning revenue from oil and gas production in Texas and Kansas. VOC pays investors approximately 22.71% in annual dividends and is sought especially during high oil prices.

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Amplify High Income ETF

Paying 12.58% in dividends, Amplify High Income ETF YYY is an ETF focused on high-income closed-end funds, offering diversified high-yield exposure.

Abrdn Income Credit Strategies Fund

Another closed-end fund, Abrdn Income Credit Strategies Fund ACP invests in high-yield bonds and credit securities. ACP pays investors approximately 18.73% in dividends.

Vale S.A.

Vale  VALE is a Brazilian mining giant focused on iron ore, nickel, and copper, and one of the largest iron ore producers globally. VALE has an annual dividend yield of around 7.76%.

Verizon Communications

With a dividend yield of around 6.21%, Verizon Communications VZ is a major U.S. telecom company providing wireless and broadband services. Investors like VZ because of its stable, defensive stock with a long history of dividend growth.

Aker BP ASA

Aker BP ASA is a Norwegian oil and gas company focusing on offshore production in the North Sea. Paying investors approximately 12.1% in annual dividends, AKRBF has solid payouts and growth potential. 

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