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If you are to divide your portfolio with equal allocations to each of the 10 companies, you have an average annual dividend yield of 4.3%. A quick calculation shows you need about $279,000 to earn $1000 per month, or $12,000 per year, with a 4.3% yield.

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United States dollar. The United States dollar ( symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.

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