Unrealistic premise, how many people will have $1 Mil or even $500k to invest in a lump sum. Also because its a lump sum investment, the major objective is Capital appreciation, though DG is computed.
Why not take the same premise but set up a portfolio list (say max 20 stocks) for someone who can invest say $1,000 to $3,000 per month and is seeking Income Growth. To assist with this objective, set buy prices and market drops as the buy points. Have all the dividends reinvested and plot it for several years to see much income the portfolio generates, and as a footnote, capital growth.
Why not take the same premise but set up a portfolio list (say max 20 stocks) for someone who can invest say $1,000 to $3,000 per month and is seeking Income Growth. To assist with this objective, set buy prices and market drops as the buy points. Have all the dividends reinvested and plot it for several years to see much income the portfolio generates, and as a footnote, capital growth.