2020 Dividend Year in Review

Once again a calendar year has ended and I want to Review how I am doing on my passive dividend portfolio.

Last Year (2019), I plowed a total of $42,648 in new money into this portfolio. For 2020, that number is;        $18,737

January – I put in $500 cash to my account and accumulated $700.85 in dividends.

February – I put in $500 cash plus $ 370.47 back in.

March – Altogether $2,195.68 between dividends and cash ($500).

April – All in $1,362.68 as dividends and cash ($610).

May – Dividends = $551.60 plus another $500 in cold hard cash total; $1,051.60

June – In dividends, $ 1,481 + cash deposits of $610 equals a monthly total of $2,091

July – $500 in cash plus $ 701.09 in dividends!

August – $610 in cash and $ 432.17 in dividends!

September – $610 in cash and $ 1,674 in dividends!

October – $ 500 in cash and plowed back in $ 631 worth of dividends

November – $610 in cash and $ 541 in dividends!

December – $500 in cash and $ 1,546 in dividends.

Here is my 2020 Dividend Year in Review Scorecard. By that I mean my New Dividend Gains, Stock Action, and Market Moves for your voyeuristic viewing pleasure.

  Now Let’s Review last year;

My Dividend tally is slowly creeping toward that Epic Milestone of $1,000/month. My plan is to not stop until I am replacing $1,500/month of paycheck income with passive income from a Dividend Portfolio.

Without further teasing,

  I DO NOT buy stocks to have them go up in value and then sell at a profit. That kind of stock market game is not to my taste. It is too hard to try and beat the market, I learned my lessons long ago. One of the great things about this type of Portfolio is that I am not living and dying with the swings of the market. I do not care much about the day to day ups and downs of the DOW because I am interested in the Dividends, not the market value of the individual stock.

Stock Action;

I usually sell off a stock when I am down either more than $400 or 12%. I hoard up these losses to take as a deduction on my taxes. The IRS allows a deduction of up to a $3,000 loss of stock transactions in a given year. What I don’t use, I roll over for future years.

It also turns blood red Bear Markets into nothing other than buying opportunities for New Dividends.

Have faith in the markets, at least for a percentage of your capital.

My 2020 automatic deposits to this account have been bumped up from $250 to $500/month. Plus all dividends accumulated are used to buy additional shares. I also stuff random amounts of cash into buying more shares whenever the opportunity arises because I am more than a little obsessed. Are you a dividend junkie?

That’s all for my 2020 Dividend Year in Review Scorecard!

One thought on “2020 Dividend Year in Review

  1. I bought T, PRU as well as a few others. Its taken a while but Ive got everything reinvesting in itself, minus a few stocks. Ill take those and let the divi’s build up in the acct until the opportunity.
    I liken it to being in the control tower and watching the aircraft fly around. Every now and then you get one that can’t taxi or gets fod but for the most part they take off and fly straight. Divis (passengers) make it to their destination or keep on flying. And the process starts again.

    Mayþinnr marglóð grow

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