Wow what a year 2020 has been. Pandemic, economic doom, stock market drop of over 30% and I retired. Not all bad and proof that if you are financially prepared even life’s tough times can be easier.
This month is my low month for dividend income on a quarterly basis but still a fantastic month for cash incoming. All dividends are still reinvesting (except for RDS.b because of their dividend cut). My general rule is to sell any position cutting their dividend but RDS.b should bounce back nicely and it still had a good yield after the cut. Its good to have investing rules but even better to be flexible when you have put in the research.
On to the dividends:
RDS.b (Royal Dutch Shell) $333.00
EMR (Emerson Electric) $104.59
JNJ (Johnson and Johnson) $102.23
CVX (Chevron) $317.59
O (Realty Income) $60.22
ADM (Archer Daniels Midland) $110.35
LMT (Lockheed Martin) $39.72
SO (Southern Company) $260.42
CHCT (Community Health Trust) $20.02
DOW (DOW Inc.) $266.93
XOM (Exxon Mobil) $232.07
Total for December $1,847.18
What a great month. I love seeing this cash come in each month especially when I am confident in all of my holdings to continue paying their dividends and raising them over the long term.
How did you do this month?
What are your income goals and how are you building a portfolio to reach them?
Thanks for reading!