Dividend Growth Investing, Retirement Income, Stock Market Investing, Stock Market Timing, Uncategorized

It’s “Payday” Once Again!

Wednesday, July 7, 2021. The brokerage statements have been made available and the results are in. June was a great month for dividend income!

We received dividends from 30 holdings! They were, in alphabetical order: ABC, AFG, ANTH, AVGO, BIP, BIPC, BLK, BST, BSTZ, BTG, CCI, DLR, ES, FLO, FXO, HD, KRE, MAIN, MJ, Mon Fnd, MSFT, NSA, O, SCHD, SCHV, SII, UNH, UTG, WEC and WPM.

We received a whopping lump sum from AFG. I don’t know what that was about… Nor do I care. We just gladly take it! So because of that extraordinary dividend from AFG, the income looks like this for us. Our June income was 70.34% higher than from March just 3 months ago. Higher than last December’s by 48.38%, and did better than last September’s, 9 months back, by 198.91%… a near triple! Whohoo!!!

On a more realistic sort of a basis, I go to my stock program, where I can chart all issues as one, Price has hit a new all-time high in value today, as I type this… which makes sense, as the indexes are doing the same. One year ago, the average dividend per share among all our holdings was $2.81. As of this point in time, that average has risen to its present $3.09 a share, which is indicative of an organic growth of 9.96% these past 12 months.

In the month of June there looks to have been a dividend cut from FXO, from $.86 to $.83 a share. ETFs will fluctuate a bit like that, and is typically NO cause for concern. I see that IIPR has raised us from $3.84 a year ago to $5.60 in June, for a near 46% pay raise! KRE, another ETF has mildly cut us from $1.45 to $1.42 a share, as ETFs might. MJ, one more ETF, has also cut. This was from $.58 to $.36 a share. I should take a look. Maybe it needs to be culled out? I’ve got a healthcare related REIT that indicates it has cut from $4.41 a share back to $3.60. That doesn’t impress either. That makes 2 to take a harder look at. NSA raised us from $1.40 to $1.52 a share in June… not quite 10%, but I’ll gladly take it. O tries to raise only, and a little bit often. It’s paying another penny this quarter, from $2.82 to $2.83, and up only from $2.80 a year ago. SCHD has raised us from $2.09 to $2.19 a share, about 5%. SCHV has also raised us from $1.39 to $1.67, which is a nice raise of 20.14%. UNH has raised our pay in June, from $5.00 to $5.80 a share, and that is a lovely 16% increase! The utility fund UTG gave us an increase of $.12, from $2.16 a share to $2.28.

It’s all good! The projected earnings increase among our holdings, looking out into the future, looks to be a possible or potential 15%, but I put little stock in such prognostication. Divided growth is projected to be on the order of 12% a year, looking out there. That’s a lovely number that would double our income in 6 years! If it also poses a “dividend magnet” effect upon price, it will follow suit… especially if interest rates continue to remain low.

Our current portfolio dividend yield stands, as of now, at 3.87%, and rising. How long before we are generating a portfolio yield of 4%??? May not be long! That would be a great milestone… where else am I going to earn a 4% yield?

Harold F Crowell

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