Dividend Portfolio – Page 2

July 2024 Dividend Portfolio Update

Published on August 3, 2024April 11, 2026 by Leave a comment

Welcome to our July 2024 dividend portfolio update! Most of our time over the last month has been spent dealing with our home build. As such, everything else has taken a back seat in priority.

With our busy schedule there hasn’t been any time to work on generating investible cash. And we certainly haven’t had the time to spend researching companies or reviewing our holdings. So everything is kind of on cruise control until we get a spare minute and some cash.

Before we get to our July numbers we need to keep in mind that our numbers will be over stated this month. This is because the June dividends for SCHD and QYLD both hit on July 1st. This month is essentially reversing the understatement we had in our June numbers. We will do our best to smooth that out below and get some true numbers.

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June 2024 Dividend Portfolio Update

Published on July 3, 2024April 11, 2026 by 1 Comment

With another month drawing to a close it’s time for our June 2024 dividend portfolio update. June is normally a large month for dividend distributions which we look forward to. But, for some reason many ETF’s and mutual funds are not funding distributions until July 1st this year. Maybe it has something to do with the new holiday in June?

We will have to keep this in mind when we review our numbers for June and for July as both months be skewed as a result of this anomaly. For our June 2024 dividend portfolio update we will be missing payouts from QYLD and SCHD. QYLD isn’t a huge deal as their payouts can be all over the place. However, SCHD is one of our largest holdings and the distributions are a pretty significant amount for our little portfolio.

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May 2024 Dividend Portfolio Update

Published on June 1, 2024April 11, 2026 by Leave a comment

After a wild month it’s time for our May 2024 dividend portfolio update!

May is always kind of a wild card month and it’s not unusual to get the type of swings we had. Sell in May and go away? Meh! Our dividend portfolio reached another all time high once again. Then it came crashing down shortly after and we thought that was that. Of course we were wrong because it stabilized, rebounded and bam! Another all time high at the close of the month! It was quite the roller coaster!

While it was a fun ride we took a pretty significant hit to our PADI as you will see. The expected MMM dividend cut finally happened which is a setback. It pretty much wiped out half of the progress we made this year trying to reach our $1K PADI goal. It’s a little bit of a bummer when we can only take baby steps to begin with. So while the month was positive it wasn’t great because of this set back.

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April 2024 Dividend Portfolio Update

Published on May 5, 2024April 11, 2026 by Leave a comment

Another month is in the books and it’s time for our April 2023 dividend portfolio update!

We will try and keep this update relatively short and to the point. After driving 1,400 miles in about a day and a half, and then attending a ton of different graduation festivities for our son, we are pretty wiped out. Finding any time in our schedule to write blogs is a challenge so we will get to them when we can.

In April we made a few moves and adjustments to our portfolio. Frankly, I became annoyed with looking at turds like MPW and WBD floating in our portfolio. So I decided to flush them down the toilet and move on.

It was a long time coming for WBD as it was a spin off we inherited from AT&T. We had hoped WBD would become a content juggernaut and growth story. Instead we got a POS that never did anything but suck.

As for MPW, they might eventually turn it around, but the position was very small and turned speculative. After keeping a close eye on it for awhile I just decided I no longer wanted to play that game.

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March 2024 Dividend Portfolio Update

Published on April 1, 2024April 11, 2026 by Leave a comment

The first quarter of the year is in the books and that means it’s time for our March 2024 dividend portfolio update!

March is a big month for dividends as ya’ll know. We were hoping to check off a small milestone for our little dividend portfolio this month. Looking at our projected dividends at the start of March we were in line to have our very first one hundred dollar dividend month. However, the markets were closed on Good Friday which happens to be a day when some of our dividends were due to hit. Because of this we were either going to hit the goal or miss it by a few dollars depending on when the payments hit our account. So did we hit our milestone or did timing issues cause delayed gratification? We will get to the numbers in a moment and find out.

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February 2024 Dividend Portfolio Update

Published on March 2, 2024April 11, 2026 by Leave a comment

It’s time for our February 2024 Dividend Portfolio Update! February isn’t the most exciting month for dividends for our portfolio. However, it is the month where we get a distribution from our largest holding which is Abbvie. Outside of dividend reinvestments we haven’t added to this position since 2021. Since that time it has been one of our top performers and has grown to almost 16% of our dividend portfolio. It just goes to show what consistent dividend growth and reinvestment can do over time with a good company.

Now, we know a lot of people will scoff at holding this large of a position in one stock. We wouldn’t recommend it either. However, this isn’t our only investment portfolio so we take a larger view when making decisions. While Abbvie is the largest holding in our dividend portfolio, it is less than 1% of our overall portfolio. So we are ok with letting one of our biggest winners keep on winning.

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January 2024 Dividend Portfolio Update

Published on February 2, 2024April 11, 2026 by 1 Comment

And just like that we are off and running in 2024! Welcome to our first dividend portfolio update of the new year!

At the end of 2023 we set a lofty goal of trying to hit $1,000 in PADI by the end of 2024. We finished 2023 at $837 so we will need to add $163 this year to reach our year end goal. This might prove difficult as most months we add less than $10 to our total. We are also trying to be more selective with where we put what little funds we do have.

For the most part we have done pretty well in our portfolio. But, like most investors we have made some mistakes and that has cost us. We don’t fret over it too much because mistakes are a part of investing. The important thing is to learn from those mistakes and make better decisions going forward.

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