theres more dividend paying stocks that pay out great % per unit
plus the cannibis healthy weed and the recreational weed
heres one price per share is $28 pays huge 4.1% Newell brands (NWL)
so buy 10 shares $280 10 x 4.1 % = 0.41 per share $4.10 per month which is reinvested
so each month you buy different shares of different companies
this one NY Community bank (nycb) pays a whopping 7.2 % Shares $14 each $140 for 10 shares
this pays out 1.008$ per share X 10 = $10.08 per month
now lets lok at home you grow in $1000's per month
ok you bought one way back july say $28 per share paid you last month oct
you bought 2nd one in aug. that pays you in nov you bought 3rd one in sept that pays you in dec 2022
1st one 2nd pay is in jan 2nd one 2nd pay is in feb then 3rd one pays out march 2nd time then 1st one pays 3rd time in april 2nd one pays out 3rd time in may + the 1st one paid also 3rd one pays 3rd time in june
ok hold on let me write this out
ok we buy 5 stocks 1 per month starting with july
tht pays out (oct 1st time ) (Jan 2023 2nd time) (april 2023 3rd) (July 2023 4th X) ( oct 2023 5X)
2nd bought aug (NOV 1 X ) (FEB 2023 2X) ( May 2023 3 X)- aug 4X- nov 5 th X
3rd bought sep pays 1st in dec --2nd X march 2023- 3rd X June - 4th X Sep ---5th X DEC
4th you bought OCT 1st pay JAN 2023--+the 1st one 2nd time --2nd X april + 1st one 3rd --- 3rd timeJuly plus 1st one 4th X --- 4th one OCT plus 1st one 5th time 5th one Jan 2024
5th one you bought nov this month 1st pay is-- feb 2023 plus the 2nd one 2nd pay ---2nd payout is may + 2nd one 3rd X-- 3rd pay is aug + 2nd one 4 th X---4th pay is nov + 2nd one 5th X--3rd pay is feb + 2nd 6th X
etc etc up to 10 i think and the others pay also maybe 3 more plus the 10th
dunno how to make spread sheet i just know you have to buy before the board Expect declaration date or you will not be paid 1st quarter
so your 1st year basically your reinvesting earnings into each stock until you have 4 more shares each