October 2020 Dividend Update

 

September 2020 Dividend Update

We are getting closer to the end of the year when the weather turns cold and it is time for another dividend update. I have been making some sales and purchases at the same time as I try to battle school debt at the same time as a change in housing situation that costs me some money up front in order to hopefully help preserve more cash in the long run.

August 2020 Dividend Update

Another month has passed by and we are already halfway through another one. This has been a tough few months for a lot of companies due to being forced to shutdown and it did not help some companies. A few companies were exposed and unable to pay the full dividend rates they previously had, if they did not eliminate it altogether to save cash. Some of the stable companies were able to persevere and pay it and even grow it during this income crisis. September used to be a big month for dividends too, but some of the big ones went from a generous payout to nothing like that. Diversification in income remains important for those of us who are looking to rely on them in retirement someday.

July 2020 Dividend Update

 Now that we are halfway through August and getting closer to the end of the year, it is time for another dividend update. Things have been harder since i lost dividend income completely in Disney, Boeing, Delta, Kohls, and a few others that decided to cut back. Still, a diversified portfolio helps weather the pain and reinvesting dividends helps as long as the income has a margin of safety.

June 2020 Dividend Update

June has already came to a close and we are halfway through July as well. I have been working a lot of hours at work in an attempt to lower my overall school debt and save some money. The market has held up well considering all the issues we have going on in the world. There have been a tough pills to swallow with dividend cuts and eliminations,but hopefully they are shorter term rather than long term. I look forward to some of these companies coming back againand being stronger than ever in the future while rewarding loyal shareholders.

May 2020 Dividend Update

We are almost halfway through 2020 already and we have already had quite a busy year. Some companies are struggling worse than others from the pandemic shutdowns and some companies have eliminated their dividends. I hope that this will be short lived and these dividends will be restored again soon.

April 2020 Dividend Update

I am finally done with my MBA and graduated. With everything going on I was not able to walk, but the final audit shows that I have fulfilled all the requirements and the degree will be mailed eventually. We are already into May and I turned 34 years old yesterday. It is getting harder to be a dividend investor recently with all the cuts and suspensions.

March 2020 Dividend Update

 This is a challenging time for some companies having to adapt to new and unexpected times. Some companies have had to shutdown operations and thus either cutting or eliminating dividends. I took a few big hits as a result that will decrease my income in the near future. The big eliminations were Boeing, Delta, and Ford. Other monthly payers cut some substantially. I am hoping these are not going to be permanent moves and have not changed much. I regularly have been buying KO and DIS in one of my accounts through automatic direct debit withdrawals.

Guest Post-Sure Dividend

Bob over at http://suredividend.com  reached out to me recently about sharing a guest post here.I have not done this very often on my site, but have a lot of respect for the research they do over there. I have read quite a bit of the content they put out and find it high quality. I am happy to share what they put together for you all to read. He has identified 3 companies who are likely to weather the next recession that appears to be heading our way. All 3 companies have raised their dividends for 50+ years and show no signs of stopping. It is good timing to share this post right now for what is currently happening in the world. I also work in the healthcare field which makes it hard for me to put out much original content while working Full Time and finishing up my final class MBA class.

I would love to hear comments and suggestions on anything here as always. Feedback in the community is what makes blogging exciting and being able to learn from each other is an excellent thing.

February 2020 Dividend Update

We are halfway through March already and I am looking forward to the weather getting warmer and finally finishing school. I have sold quite a few shares of some of my dividend stocks when they were still higher then they are now. I have bought a cheap stock that went south so far, but taking a hit on my dividend income. I am still investing twice a month in CocaCola and Disney once a month in a separate account after selling a lot of my KO holdings in primary account.

January 2020 Dividend Update

As we enter into February it is time again to update my dividend income for the first month of 2020. It is winter time here and not much fun to go outside in really cold temperatures and snow. I will start up my final course tomorrow night and finish it April 22 before graduation a week later. I am ready to get that degree and put my education to use hopefully sooner than later.

December 2019 Dividend Update

We have come to a the end of 2019 and on to a new year in 2020. I have one last course from Feb-April and will be graduating on April 29, 2020 with my Master Degree in Global Supply Chain Management & International Business. I am hoping to find a career using either my Finance degree or my MBA in the near future.

In addition to trying to sustain and grow my dividends and pay off my debts, I am speculating on a couple cheap stocks that I feel may have potential. BNGO being one of those companies I recently have been adding to. I used to own RGEN at $3 something many years ago and sold back then and missed out on what is now a $97 stock. We will see what happens with this company as a lot of these stocks have pumped recently and M&A is alive also.

Overall, 2019 was a decent year with my portfolio returns and in terms of income generation. Let see what I ended the year with.