As others have mentioned, it should be fairly easy to come up with a portfolio of dividend paying stocks which collectively pay over 3% these days. My portfolio of 24 individual non-REIT stocks yields 3.61% as of todays market close. Adding my 6 REIT's bumps the yield up to 4.17%.
My first DRIP stock purchase was Procter & Gamble back in 1991. From that time forward I used an individual membership in NAIC and a newsletter called
The Moneypaper to start additional DRIP's as funds permitted. I also have a big chunk of stock in my former employer, Merck, acquired via stock grants and their ESPP. In addition to the individual stocks, I also receive some dividends from investments in Dodge & Cox's Stock and International Funds, DVY and Vanguard's REIT Index Fund.
I found
Mergent's Dividend Achiever's book and my subscription to
The Moneypaper both to be quite helpful in putting together a dividend portfolio (disclaimer: no personal financial interest in either publication). I enjoyed the process of buying individual stocks, though I know some think it's too much trouble and too risky. My plan was (and is) to sell off the whole block of stock in any one company acquired through a Dividend Reinvestment Plan. That greatly simplifies the cost basis calculation. I saved the last plan statement of the year and that year's 1099 for each stock and have them tucked away in manilla folders in a file cabinet. But my game plan is to rarely sell and instead just to use the dividends as income.
I've just been retired for a couple of years, but at least up to this point I've been quite pleased with how a dividend strategy is working out. As someone often reminds over at another discussion board, "There's more than one way to Dublin."