Disclosure: Not financial advice. Do your own research.

The allure of dividends is strong. Maybe too strong.

Imagine owning a piece of a business and getting paid to own it at the same time. That sounds amazing. Well that’s what dividend investing promises. What could be better? Or so they say.

And you’re not alone. There’s a whole community of dividend “heads” over on r/Dividends that post all day long about the wonders of Dividend Investing about harvesting cash. Some claim the goal of their dividend portfolio is to have a steady stream of income for retirement. Others, beating the market by using levered dividend growers as a sort-of levered bet.

But the goal is one and the same — find dividend producers that have an undervalued book, with honest stewards who appreciate asset values, that provide a high yield.

2026 is going to be the start of a new experiment for Refcell Capital.

It’s a dividend portfolio. Rebalanced/updated annually. With lofty objectives exclusive to paid subscribers. We’re excited to go on this journey with you. Let’s begin.