A dividend portfolio

[Rukh O'Rorke]

Hey all - wondering who if any posting in these parts?

Anyhoo. so I've put together a small dividend group of stocks with mid-higher dividends across two accounts - a rollover ira and taxable account. The intent of these holdings is to produce a minimum of 1k/month average dividend over the year as stead to a pension that I do not have. My goal is kind of leaning towards less volatility than growth stocks, lower but some steady growth, and the throwing off of income. I have a separate retirement rollover with a growth focus with most of my retirement money.

Symbol	Stock	Price	Dividend (percent)	weight in portfolio	weighted dividend yeild
CAIXY	CAIXABANK ADR	0.977	2.53	1%	0.03
LFC	CHINA LIFE INSURANCE COMPANY LIMITED SPONS ADR REPRSTG H SHARES	10.5	4.97	6%	0.31
MAIN	MAIN STREET CAPITAL CORP	38.92	6.27	6%	0.39
O	REALTY INCOME CORP	63.97	4.39	10%	0.42
OHI	OMEGA HEALTHCARE INVESTORS INC	37.01	7.23	3%	0.24
ORAN	ORANGE SPONS ADR	12.502	5.72	8%	0.47
PSEC	PROSPECT CAPITAL CORP	7.68	9.16	9%	0.84
RY	ROYAL BANK CANADA MONTREAL	92.86	3.69	22%	0.82
STAG	STAG INDUSTRIAL INC	34.2	4.24	20%	0.86
TSM	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD SPON ADR	114.14	1.52	14%	0.21
				total yeild percent	4.58

so - a loose goal was 5% yeild, with an anchor of more stable stocks sprinkled with some higher yeild/more speculative ones. Also-some attempts to diversify across sectors and internationally, and then this is where I am starting. Unfortunately - some of the dividends are subject to a withholding of 21%? some of the international ones. does it matter if in 401k rollover account if they do that?

Will need to adjust based on that. 

Overall goal is to get this to 250k at 5% yeild. current balance a bit under 170k. Full disclosure: I know nothing, but can't stomach a lot of what I see in ETFs and mutual funds, so been doing my own thing. for a while. mostly doing ok. this is a new direction for diversifying. last time I tried to diversify, it didn't go well, but today is another day. Will be adding money into the taxable side as time goes on, and then the dividends will be there to reinvest - either in same or different stocks. 

Anyhoo, putting this out there for discussion, if any are up for it.


ETA:fixed data for RY, was incorrect, values one column to the left, price missing

[justme]

I'd look into CEFs - Closed End Funds. I've started to get into them. Their goal is essentially the same as yours - but ya know people that do this for a living picking the stocks to do so. Most have pretty small expense fees too. They have all different types - tech stocks, real estate, general stocks, etc etc. 

For me it seems like a good bet. I don't have the patience or want to research a ton of companies and just going by dividend isn't always a good bet. I'm young though so I'm putting in small amounts and reinvesting the dividends for now to get more stock. So far the stuff I've picked has done well in the last 3 or so months. Very small growth in stock price (expected) but dividends provide good growth. 

For example in one I bought 17 shares and in 3 months I have 17.759 shares thanks to dividends which equates to gaining 12.5% in that time.

[Rukh O'Rorke]

thanks justme.


I've already purchased these as I went along investigating the past four months so going to ride it out for a while and see what may be.

I can see if any CEF meet my POV, but I'm not sure they will. I'm not trying to outdo the market, although I'd like to  , just trying to keep my money in companies I don't find offensive. 

What I find offensive is a very large list, so there's that....

[justme]

CEFs are pretty much income focused. The growth I put in included dividends since I'm just reinvesting them at the moment. I got into them after stumbling across an article from Forbes that investing $100k in these CEFs would return $1000/month of income. And I thought that it was interesting because there's always that thought of WTF do you do with your 401k when you're no longer growing it. 


www.forbes.com/sites/michaelfoster/2020/10/20/how-to-invest-100000-for-940-per-month-in-passive-income/?sh=1716c58c5cec

Ok, so I guess it was just under $1000, but it was producing what you were looking for with a smaller nest egg. 

There's a lot of info out there on CEFs and while I'm super young to be putting a ton of my money in them at this point since I do want to focus more on growth and while these wont lose a ton of money they're not going to be making gains either - I like the idea of having some to reinvest so down the line I can just stop reinvesting and take the dividends. 

Now the offensive I couldn't tell but there's a lot out so probably? I'll admit I'm not super conscious about who I invest in though I mainly am in the big funds. 

[bean29]

I have to step up my investing.  I started putting $115/wk in a Roth and $346/wk in conventional.  I have always been in the conventional 401K, I just added the 401K Roth - we don't qualify for a conventional Roth.

I also do about $150/wk to an HSA account.  I need to move about 10-12,000 to an investment account from my HSA.

I have funds with Fidelity, Vanguard and a Regional Bank (Current Employer).  I could load everything into Vanguard, b/c they will let you add outside investments, but I always found that distracting, so I just deleted it all.  Does anyone have a web site or app or something they use to consolidate their holdings and manage the overall portfolio?

Ruke I like the idea of a portfolio that will generate dividends of $1,000/month.  I also want to try investing some $$ ourside my retirements funds.  I think I will look at what you are doing or at Justme's CEF's.

[justme]

bean29 It depends on what you mean by manage. I don't think you'll find any third party app that will let you do trades in your accounts with other companies - seems like too big of a risk for Fidelity et al to do that. YNAB lets you link to your investment accounts though. It's a little clunky though because it doesn't update the amount each day with market changes so it's very limited. I discovered recently that Google Snapshot lets you link Fidelity accounts so you can get a glimpse of your accounts through that instead of having to log into the app. I would think they have that linking with other companies but I don't have accounts with them to check. I think if you want to do something you can click through snapshot until it takes you direct to the company to do stuff. 

[Rukh O'Rorke]

Mar 29, 2021 19:59:25 GMT -5 justme said:

CEFs are pretty much income focused. The growth I put in included dividends since I'm just reinvesting them at the moment. I got into them after stumbling across an article from Forbes that investing $100k in these CEFs would return $1000/month of income. And I thought that it was interesting because there's always that thought of WTF do you do with your 401k when you're no longer growing it. 


www.forbes.com/sites/michaelfoster/2020/10/20/how-to-invest-100000-for-940-per-month-in-passive-income/?sh=1716c58c5cec

Ok, so I guess it was just under $1000, but it was producing what you were looking for with a smaller nest egg. 

There's a lot of info out there on CEFs and while I'm super young to be putting a ton of my money in them at this point since I do want to focus more on growth and while these wont lose a ton of money they're not going to be making gains either - I like the idea of having some to reinvest so down the line I can just stop reinvesting and take the dividends. 

Now the offensive I couldn't tell but there's a lot out so probably? I'll admit I'm not super conscious about who I invest in though I mainly am in the big funds. 

interesting article, thanks!

Seems that they do sell off and pay dividends approx equal to expected market returns, seems good for while in retirement as you say. But - also goes against the 4% rule, so not a good idea for the entire nest egg. 

[Rukh O'Rorke]

Mar 30, 2021 11:08:55 GMT -5 bean29 said:

I have to step up my investing.  I started putting $115/wk in a Roth and $346/wk in conventional.  I have always been in the conventional 401K, I just added the 401K Roth - we don't qualify for a conventional Roth.

I also do about $150/wk to an HSA account.  I need to move about 10-12,000 to an investment account from my HSA.

I have funds with Fidelity, Vanguard and a Regional Bank (Current Employer).  I could load everything into Vanguard, b/c they will let you add outside investments, but I always found that distracting, so I just deleted it all.  Does anyone have a web site or app or something they use to consolidate their holdings and manage the overall portfolio?

Ruke I like the idea of a portfolio that will generate dividends of $1,000/month.  I also want to try investing some $$ ourside my retirements funds.  I think I will look at what you are doing or at Justme's CEF's.

Make sure you do your due diligence, I wouldn't want to advertise myself as knowledgeable here  .

My method will take more than twice the capital to get the same returns as justme's CEF, but it should also grow a bit more too. I have a couple of years to play around with it and see how it goes. Hopefully nothing too disasterous. I have been buying into these for the past 4 months as I said, and although it was heavy cash as I built it, it did seem to be much less volatile than my other rollover focused on growth, so that seems a good sign. Now that it's all invested, should be easy to track overall performance against other account and benchmarks.

[djAdvocate]

I would recommend the REIT's right now. I did so on another thread.
if you are new to this area, I would recommend the ETF SRET. this has a 7.2% yield, and I can virtually guarantee that number is heading HIGHER THIS YEAR.

if you want to get a little more granular, there is RWT and OXSQ. these are regional, so you have to have an interest in the markets they manage to really "get" what they do, but I like both of them.

those three should boost your yield to 5.

[Blonde Granny]

I have moved completely out of REITS...but that's not to say I still don't have my favorites. I discovered REITS back in the 2000s when the bottom dropped. My favorite is "O" otherwise called Realty Income. It pays an ongoing months dividend and for those who need that extra income, it pays well.

Also good companies that pay are storage REITS....of course my current knowledge of them have dwindled .

[djAdvocate]

Apr 2, 2021 12:09:32 GMT -5 Blonde Granny said:

I have moved completely out of REITS...but that's not to say I still don't have my favorites. I discovered REITS back in the 2000s when the bottom dropped. My favorite is "O" otherwise called Realty Income. It pays an ongoing months dividend and for those who need that extra income, it pays well.

Also good companies that pay are storage REITS....of course my current knowledge of them have dwindled .

REIT's got CRUSHED this last year.

this is actually why I like them, now.

I think they are currently undervalued by about 25%.

so, on top of paying 7.2% (with dividends growing 15% this year), I expect the underlying value of REIT's to go up by about 25% in the next (8-12) months.

[Rukh O'Rorke]

Apr 2, 2021 16:29:05 GMT -5 djAdvocate said:

Apr 2, 2021 12:09:32 GMT -5 Blonde Granny said:

I have moved completely out of REITS...but that's not to say I still don't have my favorites. I discovered REITS back in the 2000s when the bottom dropped. My favorite is "O" otherwise called Realty Income. It pays an ongoing months dividend and for those who need that extra income, it pays well.

Also good companies that pay are storage REITS....of course my current knowledge of them have dwindled .

REIT's got CRUSHED this last year.

this is actually why I like them, now.

I think they are currently undervalued by about 25%.

so, on top of paying 7.2% (with dividends growing 15% this year), I expect the underlying value of REIT's to go up by about 25% in the next (8-12) months.

that was my thought too. they didn't recover after last March.

[bean29]

Apr 2, 2021 12:09:32 GMT -5 Blonde Granny said:

I have moved completely out of REITS...but that's not to say I still don't have my favorites. I discovered REITS back in the 2000s when the bottom dropped. My favorite is "O" otherwise called Realty Income. It pays an ongoing months dividend and for those who need that extra income, it pays well.

Also good companies that pay are storage REITS....of course my current knowledge of them have dwindled .

I would not trust that to stay profitable. Those storage buildings have popped up all over and many of them are huge.

[Rukh O'Rorke]

Mar 30, 2021 18:10:03 GMT -5 djAdvocate said:

I would recommend the REIT's right now. I did so on another thread.
if you are new to this area, I would recommend the ETF SRET. this has a 7.2% yield, and I can virtually guarantee that number is heading HIGHER THIS YEAR.

if you want to get a little more granular, there is RWT and OXSQ. these are regional, so you have to have an interest in the markets they manage to really "get" what they do, but I like both of them.

those three should boost your yield to 5.

looking into these todays. I admit I'm a little gunshy about mortgage backed securities (rwt). One of the reasons I haven't bought into dsl - price is 18.24 today, NAV of 19.51 which should be good, right? 

Guess I could spread some money around and pick up a variety of these types with small entry amounts and see how it goes?

[djAdvocate]

like I say, if you are nervous about the sector, SRET looks rock solid. I suspect it will rise to $14-15 this year, and increase it's dividend 15% by YE.

[Rukh O'Rorke]

Apr 13, 2021 18:14:48 GMT -5 djAdvocate said:

like I say, if you are nervous about the sector, SRET looks rock solid. I suspect it will rise to $14-15 this year, and increase it's dividend 15% by YE.

after a few days, all my trades have executed, I did need to revise some prices up a bit.

I have a total of about 11k split kind of evenly between SRET, RWT, OXSQ, and DSL. So - that will be it for a while I think.

I do need to consider how to handle dividends, if I want to reinvest where they came from? or some other thing?

[djAdvocate]

Apr 15, 2021 17:31:08 GMT -5 Rukh O'Rorke said:

Apr 13, 2021 18:14:48 GMT -5 djAdvocate said:

like I say, if you are nervous about the sector, SRET looks rock solid. I suspect it will rise to $14-15 this year, and increase it's dividend 15% by YE.

after a few days, all my trades have executed, I did need to revise some prices up a bit.

I have a total of about 11k split kind of evenly between SRET, RWT, OXSQ, and DSL. So - that will be it for a while I think.

I do need to consider how to handle dividends, if I want to reinvest where they came from? or some other thing?

REIT dividends have strange tax treatment. if you want to avoid it, I suggest reinvesting.

I lowered my target for SRET by $1 today.

reason being that it will have trouble making it back to it's previous high of 16, imo.

falling short means falling 10-20% short = 12.8-14.4

still, with about a 7% dividend and 30% appreciation, I think this is a good investment this year.

PS- again, I really like this portfolio for 2021.  the market has become erratic.  it is not a good sign.  people will want safe investments in my opinion, and your OP has a lot of safe investments.

[Rukh O'Rorke]

Symbol	Stock	Price	Price 4-16	Dividend (percent)	weight in portfolio	weighted dividend yeild
CAIXY	CAIXABANK ADR	0.977	1.03	-	1%	-
DSL	DOUBLELINE INCOME SOLUTIONS FUND		18.01	7.33	1%	0.10
LFC	CHINA LIFE INSURANCE COMPANY LIMITED SPONS ADR REPRSTG H SHARES	10.5	10.24	5.04	5%	0.27
MAIN	MAIN STREET CAPITAL CORP	38.92	42.24	5.82	6%	0.34
O	REALTY INCOME CORP	63.97	67.02	4.21	9%	0.37
OHI	OMEGA HEALTHCARE INVESTORS INC	37.01	37.31	7.18	3%	0.21
ORAN	ORANGE SPONS ADR	12.502	12.47	5.69	7%	0.41
OXSQ	OXFORD SQUARE CAPITAL CORP		4.95	8.48	1%	0.12
PSEC	PROSPECT CAPITAL CORP	7.68	8.05	8.94	13%	1.12
RWT	REDWOOD TRUST INC		10.29	6.22	1%	0.09
RY	ROYAL BANK CANADA MONTREAL	92.86	94.71	3.64	20%	0.72
SRET	GLOBAL X FUNDS SUPERDIVIDEND REIT ETF		9.82	7.54	1%	0.11
STAG	STAG INDUSTRIAL INC	34.2	35.56	4.08	19%	0.76
TSM	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD SPON ADR	114.14	118.84	1.49	12%	0.18
					total yeild percent	4.79

As mentioned on another thread, I have added 4 new REIT type holdings. Still trying to get to that 5% mark . I had also about ~50% more PSEC about 2/3 weeks ago before I thought about adding the others.

The new holdings plus PSEC should have boosted the total yeild, and it did, but not quite to 5%! I didn't have a lot of money to contribute to the new holdings, and many of my other holdings increased in value, which conversely took the dividend yeild down. Not that I'm complaining! More money is always welcomed.

CAIXY meantime notes no dividend in tdameritrade, so removed that from table. Will see what happens with that going forward, they are in a merger reorg now and price up >5% so that at least is good!

I did put through an auto reinvest on all the dividends I could, so will go with that for a while and see what what happens.

I guess my goals for this portfolio - aside from a 5% yeild - would be an additional 3% growth. Then for my "pension replacement" scheme, it's at 5% for income and inflation adjusted. While the dividend reinvestment is continuing would look to a minimum of 8% growth to call this "a success".

I'll add some new money in smaller increments in the taxable account going forward while trying to get the overall yield to 5%

[djAdvocate]

you could always sell some TSM and buy more SRET.
that would get you there. but quick.

[Rukh O'Rorke]

Apr 19, 2021 19:21:50 GMT -5 djAdvocate said:

you could always sell some TSM and buy more SRET.
that would get you there. but quick.

but I love owning TSM! I've had that on my list to buy - in general, not just for the dividend portfolio - and missed out on a lot of gains. I think I first considered them maybe 5 or more years ago...could be 10 even! and they offer a little bit of tech to my dividend portfolio. Not a lot of tech with dividends over 1% yeild. So even though it's relatively low at 1.5%, I do want to keep it  . More on getting to 5% in my next post....

[Rukh O'Rorke]

So - in an exciting piece of news for this portfolio - my first bit of auto-reinvest dividends went through. I love it! It was like I was investing in my sleep as it were. And it gots me to thinking......


With a range of 1.5 to 8.9 percent yield on the divvies, I think that dividend reinvestment alone will quickly take me to an overall 5% rate as the stocks with higher dividends just automatically buy more shares of themselves. Will be exciting to see if this can take it to more than 5% in a relatively short amount of time! That depends on the higher dividend stocks continuing to be in good financial shape. I will try to monitor this closely and make changes. Of course, also need to consider yeild changes due to price increases and how the dividend rate keeps up with that when evaluating. 
Thinking I will post a full update maybe once a quarter. Quite a few dividends are quarterly, and O and PSEC are monthly. Some maybe be annual/semiannual - but would be hitting at different times of the year. 

On the nonexciting other hand, Caixy is down significantly Friday, with the merger, large layoffs, and press saying further consolidation of the spanish banking system is needed. LFC has so far been a bit disappointing compared to the other selections in the protfolio, but loosely plannning to hold these for a bit, at least to end of year for LFC, and see how they fare.

Overall though very happy with this protfolio so far. The balance is much less volatile than my growth protfolio, but has shown gains as well. So far working exactly as intended.

[Rukh O'Rorke]

Apr 24, 2021 11:45:29 GMT -5 Rukh O'Rorke said:

Apr 19, 2021 19:21:50 GMT -5 djAdvocate said:

you could always sell some TSM and buy more SRET.
that would get you there. but quick.

but I love owning TSM! I've had that on my list to buy - in general, not just for the dividend portfolio - and missed out on a lot of gains. I think I first considered them maybe 5 or more years ago...could be 10 even! and they offer a little bit of tech to my dividend portfolio. Not a lot of tech with dividends over 1% yeild. So even though it's relatively low at 1.5%, I do want to keep it  . More on getting to 5% in my next post....

Some press on TSM

Amid Chip Shortage Taiwan Semiconductor Invests for the Future -- Barrons.com

7:10 pm ET April 23, 2021 (Dow Jones)
By Max A. Cherney

Who knew we'd slide from a pandemic to a global shortage of semiconductor chips? But that's exactly what's rippling through any number of industries, from cars to videogames to appliances. The causes of the shortage are complex -- supply chain disruptions, expensive and inflexible foundries, decisions to move into more-profitable advanced chips and away from high-volume chips, stockpiling -- but the result isn't: factory slowdowns and consumer shortages.

When will it be over? Recently, Intel CEO Pat Gelsinger told Barron's that the global shortage would last two years. Intel remains the world's largest chip company by revenue.

Then, during Taiwan Semiconductor's earnings call, CEO C.C. Wei offered up his own views. Wei said Taiwan Semi, the world's top outsourcer of components to other chip companies, would add capacity and that supporting its automotive customers was a top priority. He predicted shortages would ease by the second quarter. But demand, he said, would continue to be strong "and the shortage will continue throughout this year, and maybe extend into 2022 also."

Taiwan Semi expects to spend roughly $30 billion this year on capital expenses, including building greater capacity. The company had said it expected capital expenses of $25 billion to $28 billion, and that it anticipates spending roughly $100 billion over the next three years.

In a note, Bernstein's Mark Li wrote that investors may see Taiwan Semi's disappointing second-quarter margin guidance and high valuation as reasons to take a negative view of the stock. But, he added, lower margins are a sign the company is investing in advanced manufacturing technology, which will pay off in years to come.

not sure how to cite this, is in my account newfeed for TSM.

the outlook for semiconductors seems really good for the next few years, so I really do want to hang on to TSM!

[djAdvocate]

only suggesting exchanging TSM for something that pays higher dividends for a dividend portfolio.

I have nothing against TSM. I actually like the chipbuilders.

[djAdvocate]

CAIXY hit a two year high this week. I am raising my target to $1.75

[Artemis Windsong]

Does anyone know the tax issues with IEP ADRs? They will be paying a $2 dividend in a few days. I couldn't find the shareholder of record date.

While on this subject, does SRET have any gnarly tax issues in the US? H. gets real disgusted waiting for tax docs.

[Rukh O'Rorke]

May 21, 2021 19:00:00 GMT -5 djAdvocate said:

CAIXY hit a two year high this week. I am raising my target to $1.75

according to my td account - there is also a dividend coming on June 8th. td is acting like that is an annual dividend in terms of % yeild, but if quaterly would be around what it was stated to be a few month ago. (3-4%).

[Rukh O'Rorke]

according to this:

www.dividend.com/stocks/financials/banking/banks/caixy-caixabank-sa-adr/

it is an annual dividend, and is reduced, so there is that. price is up over 10% since mid-april, so very satisified with this addition - dividend or not!

[Rukh O'Rorke]

Not in frame of mind to do a full update - but this portfolio is doing well - and - I'm having a great time with it with the autoreinvest for dividends.  Honestly - it is reminding me of playing a game of Catan  .  But playing extremely........s...l...o...w...l....y.....

In June, I may start updating monthly as a lot really does change over the course of just one month! I have 7 stocks that pay dividends monthly, and 4 that pay quarterly (but starting on 3 different months). two annual and one biannual. Most months have 9 dividend events, the others have 8. With CAIXY back online with a dividend, June will have 10 payments. Most of them smaller!

This week I had 3 dividend payments. I like to see them hit the account the next day with extra shares, and then I go into my excel add the new stocks and watch my projected monthly income from the portfolio increase. So far it's only a dollar or two a at time- many times less than a dollar- but it is happening pretty frequently so that makes it fun. And I know it will start to eexcellerate more rapidly in a fairly short period of time.

But for now! It's a whole 7 days between yesterday's dividend and the next ones on the 28!   First 2 weeks of the month are usually slim to none for the divvies. Most are paying out mid to end of month. Looking forward to putting in extra money too.

My growth fund is not doing well at all. So very glad I started up this dividend one with a different goal and focus. 

On the other hand, my yeild on this one has dropped slightly! 4.79 to 4.75 due to stock price increases. So will also start tracking the yearly or average monthly expected payout as well.

So - future planning - continue to aim for a min. of 5% yeild. I'm willing to be patient!
Look at that variablility of dividend income across the months and see if I can even that out some with strategic additions - if it makes sense to do so. 
Enjoy watching it!

[djAdvocate]

May 22, 2021 10:21:46 GMT -5 Artemis Windsong said:

Does anyone know the tax issues with IEP ADRs? They will be paying a $2 dividend in a few days. I couldn't find the shareholder of record date.

While on this subject, does SRET have any gnarly tax issues in the US? H. gets real disgusted waiting for tax docs.

adr's normally deduct taxes in their home country and pay you NET.

I am not sure about SRET. it is an international REIT, so I presume that they boil it down in some massive spreadsheet.

[djAdvocate]

May 22, 2021 17:33:01 GMT -5 Rukh O'Rorke said:

Not in frame of mind to do a full update - but this portfolio is doing well - and - I'm having a great time with it with the autoreinvest for dividends.  Honestly - it is reminding me of playing a game of Catan  .  But playing extremely........s...l...o...w...l....y.....

In June, I may start updating monthly as a lot really does change over the course of just one month! I have 7 stocks that pay dividends monthly, and 4 that pay quarterly (but starting on 3 different months). two annual and one biannual. Most months have 9 dividend events, the others have 8. With CAIXY back online with a dividend, June will have 10 payments. Most of them smaller!

This week I had 3 dividend payments. I like to see them hit the account the next day with extra shares, and then I go into my excel add the new stocks and watch my projected monthly income from the portfolio increase. So far it's only a dollar or two a at time- many times less than a dollar- but it is happening pretty frequently so that makes it fun. And I know it will start to eexcellerate more rapidly in a fairly short period of time.

But for now! It's a whole 7 days between yesterday's dividend and the next ones on the 28!   First 2 weeks of the month are usually slim to none for the divvies. Most are paying out mid to end of month. Looking forward to putting in extra money too.

My growth fund is not doing well at all. So very glad I started up this dividend one with a different goal and focus. 

On the other hand, my yeild on this one has dropped slightly! 4.79 to 4.75 due to stock price increases. So will also start tracking the yearly or average monthly expected payout as well.

So - future planning - continue to aim for a min. of 5% yeild. I'm willing to be patient!
Look at that variablility of dividend income across the months and see if I can even that out some with strategic additions - if it makes sense to do so. 
Enjoy watching it!

Rukh-

I am still loving this portfolio, but it had a little setback in the last month.

I STILL think it will outperform for the balance of the year.

glad you are doing well with it.

I think it is a winning idea for 2021.