A Speculative Dividend Portfolio Offering 14% Income Annually

Do you think the market is going to be sideways for the year or want to build up wealth through income? Trying a leveraged dividend portfolio may be a good idea. For most risk averse investors, the portfolio in my previous column is the better choice. However, the income potential here is staggering even with using reliable companies with a low likelihood of dividend cuts. Philip Morris International (PM) is the world's leading producer of cigarettes. Unlike Altria Group (MO), Philip Morris has no exposure to U.S. markets and is focused in tobacco addicted countries in Europe, Asia, and Latin America. Philip Morris is well run with a ROIC of 37% and growing annually at an 11% rate. For more on Philip Morris' fundamentals, read here. Intel (INTC) is also a uniquely safe tech dividend stock in the wild tech sector. Intel expects to grow its dividend by 16% on... Read more