My Dividend Portfolio. Goal: $12K in 120 Months — Month 25, Week 5

Hi partners — Max here!

I'm on another little trip this week. This time, I'm visiting a friend who lives in Bergamo, Italy. At some point, we were joking around and said, "Why don't we run a half marathon together?" It sounded like a fun idea.

Well... one thing led to another, and here I am in Bergamo writing this to you.

I've lost count of how many half marathons I've run over the years, but for my friend, this will be his very first one. And I have to share something else.

A few days ago, I ordered a piano and I paid for it with my dividends. Most of the time, I put my dividend income right back to work. But you know, the years go by, and at some point it's okay to start enjoying a little of what you've built.

On one hand, money should keep working. On the other hand, that's exactly what it's working for. So why not let it do its job?

It's a pretty great feeling, honestly. The businesses I own decided to buy me a piano. I can't complain about that. After all, that was the whole point from the beginning.

Best Buy paid for my trip to Bergamo. T. Rowe Price and Virtus Investment Partners teamed up to buy the piano. And tonight, Target is picking up the tab for dinner.

Everything is going according to plan.

Below, you'll find a detailed breakdown of what I bought this week, how the portfolio is positioned today, and what I'm planning for next week and beyond.

My portfolio is a fully transparent, real-time journey — no polishing the numbers and no adjusting results after the fact.

It’s a path anyone can follow with the right system, such as the MaxDividends Income System, and the MaxDividends Platform.

Alright — let’s get to today’s buys. So grab a coffee — let’s dig in ☕💪

⭐ Scroll to read — you’re a Premium partner, and the full breakdown is yours

What I Bought, How Things Look

Every Friday, I put $3,000 plus dividends to work with one clear mission: reach $12,000 a month in dividends within 120 months.

But the real reason this works isn’t willpower or motivation. It’s the system — and the technology behind it.

The MaxDividends Income System defines what to buy, when to buy, and what to ignore. The MaxDividends Platform keeps the compass steady — tracking income, scores, risks, and signals whether I’m at my desk, out walking, or fast asleep.

The portfolio doesn’t need me to be “on.” It doesn’t care if I’m busy, tired, traveling, or doing absolutely nothing. The process keeps running.

What I enjoy most is watching the portfolio do its job — seeing which positions keep quietly compounding, and which names stay on the watchlist until the data finally lines up.

That’s how the snowball really builds. Just repeatable decisions, steady dividend deposits, and a system that keeps stacking progress week after week.

When you step back and look at the full picture — essentials, lifestyle, family needs, small trips, and a buffer — dividend income stops being a theory and turns into a practical roadmap.

Here’s where the journey stands today:

Freedom Bar:
█████████████░░░░░░░░░░░░░░ ~45% complete (+1% vs last week)

(based on current projections)

My dividend income is now running at about $1,154 per month. It’s not a headline number. It won’t trend on social media. But it does matter.

Because this is what real progress looks like when income is built the right way. Quiet. Measurable. The income base keeps rising.

Every reinvested dollar tightens the structure. Every dividend hike raises the floor. And over time, that turns into momentum you can actually feel.

Broadridge Financial Solutions is a leading provider of investor communications, proxy voting, and financial technology services for banks, brokerages, and public companies.

The company generates highly recurring revenue through mission-critical services that financial institutions rely on every day. Its asset-light business model, strong client retention, and consistent free cash flow have supported years of steady dividend growth while benefiting from the increasing complexity of financial regulation and capital markets.

Why today?

I'm keeping this section unchanged from last week because my reasons for buying haven't changed.

The decision wasn't random. The first thing I did after selling Polaris was open the MaxDividends Research Platform and review my portfolio's sector allocation.

As you can see, my portfolio has gradually become overweight Industrials. That's perfectly normal. Whenever one sector offers better opportunities, I naturally allocate more capital there.

Over the long run, that's exactly how a well-balanced dividend portfolio is built—not by forcing equal sector weights, but by buying outstanding businesses when they're available at attractive prices.

This time, after freeing up a meaningful amount of capital, I decided to look for an opportunity in the Technology sector to improve diversification—provided I could find a company that met all of my criteria. So what was I looking for?

First, I wanted a business with a long history of paying and increasing dividends.

Broadridge has raised its dividend for 19 consecutive years. That's a meaningful track record. The company has successfully navigated multiple economic cycles while continuing to reward shareholders with higher dividend payments year after year. That's exactly the kind of consistency I like to see.

Second, I wanted to make sure the business itself remains in excellent shape and that management is still committed to growing shareholder income.

The Business Quality Score (Financial Score) and the Dividend Policy Score made that decision easy. Broadridge scores above 90 on Business Quality and earns a perfect 10 out of 10 Dividend Policy Score—exactly what I'm looking for before committing new capital.

Third, I wanted to understand what today's investment could realistically generate in future dividend income.

Today, every $100 invested in Broadridge produces roughly $2.50 in annual dividends. But I'm not investing only for today's yield. I'm investing for the income that position can produce ten years from now. That's where MaxRatio becomes incredibly useful.

MaxRatio estimates a company's future dividend income potential based on its current fundamentals and long-term dividend growth record.

Broadridge currently has a MaxRatio of 7.3, meaning that every $100 invested today could potentially generate about $7.30 in annual dividends over the next decade if the business continues performing as expected.

That represents dividend income well ahead of inflation, while also giving me the opportunity to benefit from long-term share price appreciation.

Ideally, I like to see a MaxRatio above 10 for this strategy. However, considering the need to improve sector diversification, I felt 7.3 offered a very attractive balance between future income potential and portfolio construction.

Finally, there's valuation.

At MaxDividends, we compare each company's earnings valuation against its closest industry peers.

When a high-quality business trades at a meaningful discount to comparable companies while maintaining stronger fundamentals, we view that as an attractive entry point rather than a warning sign.

Today, Broadridge is rated Undervalued by the MaxDividends Research Platform, which tells me I'm buying an exceptional business without paying a premium.

On top of that, management continues to project healthy earnings growth after raising its fiscal 2026 outlook earlier this year. Recurring revenue remains strong, event-driven activity continues to support results, and the long-term investment thesis remains firmly intact. For me, that was more than enough reason to open a new position.

Broadridge continues to execute well, with management maintaining strong earnings growth expectations after raising its fiscal 2026 outlook earlier this year as recurring revenue and event-driven activity remained healthy. Even after a recent rebound, the stock still offering an attractive opportunity to add a high-quality compounder with durable cash flows.

➡️ New Capital Invested (Last Two Weeks): ~$3,176

🔗 View the live portfolio: MaxDividends $12K in 120 Months Strategy Portfolio

The snowball keeps rolling — heavier every week.

Each raise locks in more lifetime income and lifts my yield on cost. Quiet, steady, automatic.

This is what a real dividend roadmap looks like. No guessing. No spreadsheets. Just a clear plan — tracked, forecasted, and executed inside the MaxDividends Platform.

Here’s a look inside my portfolio this week:

Passive income now covers ~41% of my grocery expenses. The snowball keeps getting bigger every week.

All of this is tracked inside the MaxDividends Research Platform | Portfolio Tracker — my roadmap and compass. It shows payouts, raises, and exact progress toward the $12K finish line.

If you’re not using it yet, you’re leaving a serious edge on the table.

07/24 Update — email me anytime: [email protected]

Alright partners, there’s quite a bit to talk about this week.

This week, I added just one company to the portfolio, and I explain in detail why I made that decision. I'm continuing to diversify the portfolio, and I see a good opportunity to add another outstanding business to the collection that's building my future dividend income—even while I'm walking around Italy.

Next week is the 31st, which means it'll be time to reinvest my June dividends. Once again, that'll give my dividend income another little boost.

You know, dividend reinvestment is one of those parts of the process that's easy to overlook... at least until you start tracking it.

I track it because I'm genuinely curious. I've always liked numbers.

That's the kind of math I enjoy.

Boring actions that produce anything but boring results.

The system stays the same. Capital stays disciplined. We keep building. Steady steps. Clear roles. Long horizon. That’s the rhythm.

The MaxDividends Income System — combined with selecting high-quality dividend companies using our 5-step secret formula, and supported by the MaxDividends Platform — allows me to build my own path toward financial freedom.

Every week I place another brick into the foundation of that future freedom. And today those bricks are already hard to miss. The results are becoming visible. They are becoming tangible.

The most remarkable thing about this seemingly simple formula for success is that it’s repeatable. I invest in businesses I genuinely like. I choose companies I trust. And my passive dividend income keeps growing.

Live off dividends on your terms! 💪💰

The biggest update this week is the rollout of our latest company financial scores, along with a full review and update of the Dividend Policy Score.

The update is currently in progress, so we're all waiting for the new rankings to go live. Once they're available, it'll be time to search for new opportunities, review our portfolios, and see which companies have become even more attractive. 💪

This isn’t gambling or chasing hype. It’s a proven system:

That’s why the income snowball keeps rolling — heavier each month, stronger each year.

Every quarter I put $300 into each of my three kids’ portfolios — building generational wealth one brick at a time.

Kids’ Portfolios:

Donaldson is a global leader in filtration systems used across industrial equipment, transportation, aerospace, and life sciences. The company benefits from a large installed base and recurring replacement demand, supporting steady cash flow and consistent long-term growth.

IDEX manufactures highly engineered products used in healthcare, industrial, water, and scientific applications. Its portfolio of niche market leaders, combined with disciplined acquisitions and strong margins, has made IDEX a reliable long-term compounder.

Lindsay is a leading provider of irrigation equipment and transportation infrastructure solutions. The business is supported by long-term demand for water efficiency, agricultural productivity, and infrastructure investment, providing a solid foundation for future growth.

Aptar specializes in dispensing and packaging solutions used across healthcare, beauty, and consumer products. The business is supported by recurring demand, innovation, and long-term customer relationships, creating a solid foundation for steady growth.

Gorman-Rupp designs and manufactures pumps used in water, wastewater, construction, industrial, and municipal applications. The company serves essential infrastructure markets, generating resilient cash flow and supporting steady long-term dividend growth.

This is where the long game plays out. Beyond the weekly $3,000 experiment, my family’s core portfolio is the real backbone — built for high-yield dividend growth, steady compounding, and financial security for years to come.

Here I’ll break down where things stand today, how the plan for this quarter looks, and why this portfolio is designed to cover every family expense while still growing stronger over time.

I’ve spent the past 20 years building businesses. That’s where most of my capital came from. But now, at 40 and with three kids, I want to stay involved in business and investing on my terms.

My goal? More time with family, freedom to focus on what matters, and a portfolio that pays me whether I’m working or not. That’s why in 2025, I’ve started transitioning to fully living off dividends.

The mission hasn’t changed: build a high-yield, dividend-growing portfolio that delivers steady cash flow and strong long-term returns.

With the MaxDividends Concept, my team and I scan markets across the U.S., Europe, and Asia to find financially strong companies with a track record of raising dividends. This way, I’m not just chasing price growth — I’m building a paycheck that grows by itself.

(*Dividend totals vary slightly due to exchange rates.)

This portfolio alone now pays over ~$7,905/month in dividends. Every dollar is reinvested, fueling even faster growth.

No purchases or transactions this week — everything stays the same. Just collecting dividends for now.

✅ 90% High-Yield Dividend Growth Stocks – These names pay me consistently and raise dividends year after year.

✅ 10% Capital Growth Stocks – A smaller bucket for faster-growing companies. When I sell, half the profits go into new growth stocks and half into high-yield dividend payers.

Each hike locks in more income for life — steady raises with zero extra work.

My plan for 2026 is simple: keep adding new money and keep reinvesting every dollar of dividends.

A new quarter means it’s time to update the plan.

Looking back — starting from Q4 2025, my goal was to cross $7,000 in monthly dividend income. Then I set a more conservative target of $7,300 per month by the end of Q1 2026.

As of today, my portfolio generates about $7,700 per month in dividends. That means I’ve hit my targets — and I’m running ahead of schedule.

For Q2 2026, my goal is to cross $8,000 per month in dividend income.

This projection is based on the May and June payouts — typically the strongest months of the year. I expect total dividends during this period to come in around $40,000, plus additional increases from Japanese companies following their fiscal year-end.

All in, I believe it’s very realistic to reach this milestone by mid-summer.

At the start of Q3, my projected monthly dividend income is fluctuating between about $7,930 and just over $8,000, depending on currency exchange rates. At the same time, dividends continue accumulating in my brokerage account, waiting to be reinvested.

That makes July a great opportunity to finally establish a consistent $8,000+ monthly income run rate before setting the next milestone at the beginning of August.

That's how this works: steady contributions, rising payouts, and the snowball doing the rest.

The strategy doesn’t change. I’m looking for stable, undervalued Dividend Eagles that start with solid yields and have the strength to keep paying and raising over time. Dividends are my lever — I collect them, reinvest them, and let compounding do the heavy lifting.

I won’t lock in specific tickers right now — opportunities shift as the quarter unfolds. What matters is scanning the best markets worldwide: the U.S., Canada, Japan, Australia, the U.K., and Europe, and picking financially strong companies that fit the MaxDividends Income System.

And for my kids? The playbook stays the same: $300 each, every quarter. Three kids, three portfolios, one steady strategy to build generational wealth.

The mission stays the same too: steady income, steady growth, and the freedom that comes from reinvesting.

Right now, it’s all about speeding up the cycle — dividends keep rising, capital keeps compounding, and every reinvested payout brings us closer to true financial freedom.

By 2033–2035, I expect my Core Portfolio alone to generate $16K–$18K/month in dividends. Combine that with my $12K-in-120-months experiment, and the total passive income goal is $30,000/month.

That’s full financial independence: family expenses covered, reinvestment rolling, and freedom secured.

That’s all for today’s update.

Wishing you steady growth and financial peace,
Max

💌 Questions or thoughts? Reach me anytime at [email protected]

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