Dividends from the Start of Fiscal 2020

I update my New Dividend Payouts every month and my Blogroll is crawling with Dividend sites, let’s face it, I’m a Dividend Junkie.

Surely, I am far from alone. There are loads of us out here in the ether, lurking around,  ogling each others portfolios.

And by ogling I mean ‘to look at amorously, flirtatiously, or impertinently‘.

Time for Fiscal 2020 to Start.(October 1st). Here are my New Dividend Gains, Stock Action, and Market Moves for your voyeuristic viewing pleasure.

Compared to 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 do like that 3M at these low prices. A little worried about the fallout from PFAS lawsuits, but a blue chip is still a blue chip. Wish I would have doubled down on MCD back when it was below 100. I did like being in the grocery store sector but Weis Markets was killing me and it was time to harvest some tax losses.

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.

I have plowed a total of $41,744 into this portfolio for the calendar year 2019. (so far)

January – I added $ 9,500 in cash and $ 908.55 in dividends to my portfolio.

February – I added $ 3,000 in cash and $ 317.52 in dividends to my portfolio.

March – I added $ 3,000 in cash and $ 1,466.93 in dividends to my portfolio.

April – I added $ 3,310.72 in cash and $ 675.37 in dividends to my portfolio.

May – Some serious capital that will generate New Dividends. I added $ 4,750 in cash                    and $ 583.98 in dividends.

June – I added $ 1,800 in cash (below average this month), but also $ 1,276.41 in dividends (high water mark for a June!)

July – I added $ 3,116 in cash and $ 651.17 in dividends to my overall portfolio.

August – Lower than average, I put $ 2,000 in cash and $443.55 in dividends back into the portfolio.

September – I added $ 2,110.04 in cash and $ 1,588.34 in dividends for the month.

October – Only added $ 610.22 in cash (below target) and $ 641.10 in dividends for the month. Chose to divert some funds to selfish prepper-type purchases.

My 2019 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?

Fiscal 2020 has begun! But I will continue to track Dividends for the Calendar year 2019 so as not to confuse the non bureaucratically trained bean counters.

Calendar years go from January to December, but working in the government world means your ‘Budget Year’ is from October 1 through September 30th (hence fiscal 2020).

One thought on “Dividends from the Start of Fiscal 2020

  1. i think mmm will settle and then come back. you get paid 3+% while you wait at least. i just bought a few k of nblx, a midstream energy mlp. i only put it in a tax advantaged account, though. i hate messing with those k-1’s. mcd’s just motors along dispensing obesity and diabetes!

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