How Much Passive Income $800,000 in Edison, International Paper, Altria and AT&T Pays Each Year
This article examines how an $800,000 portfolio split equally among Altria, Edison International, International Paper, and AT&T could generate over $44,000 in annual passive income. It details the yield and risks associated with each company, highlighting International Paper's weak dividend coverage and Edison International's wildfire liabilities, while noting Altria's high yield and AT&T's commitment to its dividend through 2028. The author emphasizes that steady cash flow from staggered quarterly payments is crucial for retirees.
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