64-Year-Old Investor Allocates $1.1 Million IRA Across 5 Dividend Stocks as Treasury Yields Near 5%
Updated
Updated · 24/7 Wall St. · Jun 24
64-Year-Old Investor Allocates $1.1 Million IRA Across 5 Dividend Stocks as Treasury Yields Near 5%
2 articles · Updated · 24/7 Wall St. · Jun 24
Summary
$1.1 million in a Traditional IRA was split 25% each to Coca-Cola and AbbVie, 20% to Realty Income, 18% to Southern Co, and 12% to Verizon.
Treasury volatility drove the reshuffle, with the 10-year moving between 4.43% and 4.56% in June and the 30-year yielding 4.94%, raising the bar for dividend stocks.
Coca-Cola and AbbVie ranked safest: Coca-Cola just raised its quarterly dividend to $0.53 and sees 2026 comparable EPS up 8% to 9%, while AbbVie's 2026 EPS guide implies a roughly 48% forward payout ratio.
Realty Income and Southern were judged safe but more rate- and leverage-sensitive, while Verizon's 6.09% yield came with the most balance-sheet risk after debt reached $172.5 billion post-Frontier.
The allocation framework favors tax-deferred dividend growth and could shift again if Verizon leverage drops below 2.5x or if the 10-year Treasury climbs past 5%.