Thought experiment. You get a $1M inheritence. Build a portfolio for perpetual income.

u/Chewblacka_ · Reddit — r/dividends · February 07, 2026 at 13:08 · ⬆ 1 pts · 💬 1 comments  | View on Reddit ↗
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The author proposes a $1M perpetual-income portfolio of 12 dividend-paying stocks across core, growth, healthcare, and income buckets, screened for beta, payout ratio, and free cash flow.

PG — LONG The author includes Procter & Gamble as a core holding with a $100,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

PG, PEP, JNJ - $100k each

PEP — LONG The author includes PepsiCo as a core holding with a $100,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

PG, PEP, JNJ - $100k each

JNJ — LONG The author includes Johnson & Johnson as a core holding with a $100,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

PG, PEP, JNJ - $100k each

MSFT — LONG The author includes Microsoft as a growth holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

MSFT, AVGO, V - $85k each

AVGO — LONG The author includes Broadcom as a growth holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

MSFT, AVGO, V - $85k each

V — LONG The author includes Visa as a growth holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

MSFT, AVGO, V - $85k each

ABBV — LONG The author includes AbbVie as a healthcare holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

ABBV, CAT, UNH- $85k each

CAT — LONG The author includes Caterpillar as a healthcare holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

ABBV, CAT, UNH- $85k each

UNH — LONG The author includes UnitedHealth Group as a healthcare holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

ABBV, CAT, UNH- $85k each

O — LONG The author includes Realty Income as an income holding with a $65,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

O, CVX, EPD - $65k each

CVX — LONG The author includes Chevron as an income holding with a $65,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

O, CVX, EPD - $65k each

EPD — LONG The author includes Enterprise Products Partners as an income holding with a $65,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.

O, CVX, EPD - $65k each

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Ideas
u/Chewblacka_ Reddit r/dividends
PG as core perpetual-income holding under stated screen
The author includes Procter & Gamble as a core holding with a $100,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
PEP as core perpetual-income holding under stated screen
The author includes PepsiCo as a core holding with a $100,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
JNJ as core perpetual-income holding under stated screen
The author includes Johnson & Johnson as a core holding with a $100,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
MSFT as growth perpetual-income holding under stated screen
The author includes Microsoft as a growth holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
AVGO as growth perpetual-income holding under stated screen
The author includes Broadcom as a growth holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
V as growth perpetual-income holding under stated screen
The author includes Visa as a growth holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
ABBV as healthcare perpetual-income holding under stated screen
The author includes AbbVie as a healthcare holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
CAT as healthcare perpetual-income holding under stated screen
The author includes Caterpillar as a healthcare holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
UNH as healthcare perpetual-income holding under stated screen
The author includes UnitedHealth Group as a healthcare holding with an $85,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
O as income perpetual-income holding under stated screen
The author includes Realty Income as an income holding with a $65,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
CVX as income perpetual-income holding under stated screen
The author includes Chevron as an income holding with a $65,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
u/Chewblacka_ Reddit r/dividends
EPD as income perpetual-income holding under stated screen
The author includes Enterprise Products Partners as an income holding with a $65,000 allocation in a perpetual-income portfolio. The stated mechanism is selecting companies with beta between 0.7 and 1.0, payout ratio of 40–60%, and dividends funded by strong free cash flow rather than debt. No company-specific catalyst or risk is stated.
More from Reddit — r/dividends

This Reddit post, published February 07, 2026, features u/Chewblacka_ discussing PG, PEP, JNJ, MSFT, AVGO, V, ABBV, CAT, UNH, O, CVX, EPD. 12 trade ideas extracted by AI with direction and confidence scoring.

Speakers: u/Chewblacka_  · Tickers: PG, PEP, JNJ, MSFT, AVGO, V, ABBV, CAT, UNH, O, CVX, EPD