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Weekly Dividend Roundup 10/16/20

10/12- 10/16/20

More buying going on this week as compared to last. Almost all of my precious metals have been sold, and that money is being filtered in as we speak.

I sold all (31) Energy Transfer (ET) and all (25) New Residential Investment (NRZ) shares to shift them over to the SDIRA. I did sell them for a sizeable loss, but while I wait for them to recover in price, I’d prefer that be within the tax advantaged account. ET was bought for .03 cheaper than I sold for and my NRZ didn’t trigger a buy. We will see what happens next week.

My AT&T (T), 28.00 cash secured put (CSP) I sold for .57 ($57.00) executed, and I had 100 shares assigned to me at $28.00, with a cost basis of $27.43. Come next week I will be selling a covered call on those shares and collect another premium and start the cycle all over again.

Buys of the week were-

Metlife (MET) – 10.65% net margins and a healthy¬† 32% FCF payout ratio, I’ve been touting buying the insurance space within the financial sector, and putting my money where my mouth is.

Prudential (PRU) – Happy to add even more Prudential to my taxable portfolio. Prudential Financials’ stock was trading at $57.97 on March 11th, since then, PRU stock has increased by 14.3%.

Johnson & Johnson (JNJ) – This is my “til death do us part” stock, that I always seem to add when I’m unsure of what to buy. Johnson & Johnson’s stock was trading at $131.80 on March 11th, 2020, since then, JNJ has increased by 12.4%.

ExxonMobil (XOM) – I contend that both Exxon and Chevron (CVX) will survive these sector headwinds, and are large enough with a big enough cushion to sustain their dividends until this blows over. Exxon Mobil’s stock was trading at $41.98 on March 11th, 2020, since then, XOM stock has decreased by 18.8%.

AbbVie (ABBV) – Abbvie is a fantastic buy at these levels and sporting a fantastically strong 5.44% dividend yield. AbbVie’s stock was trading at $84.85 on March 11th, 2020, since then, ABBV stock has increased by 1.7%.

Merck & Co. (MRK) – Brand spanking new position! I initiated a position at $79.85 and will add more if/when the share price dips. Merck & Co., Inc.’s stock was trading at $79.25 on March 11th, 2020, since then, MRK shares have increased by 0.7%.

PepsiCo (PEP) – Same old, same old. Every week I will be adding a minimum of 1 share of this beautiful, blue chip stalwart! PepsiCo’s stock was trading at $129.75 on March 11th, 2020, since then, PEP stock has increased by 9.2%.

Realty Income (O) – I have been slowly selling off all my NON-Qualified dividend paying companies in the taxable and repurchasing them within the SDIRA tax advantaged account. This, like almost all of the REITs, especially within retail have been hit hard – Realty Income’s stock was trading at $73.56 on March 11th, 2020, since then, O stock has decreased by 17.7%.

Energy Transfer (ET) – I think that their dividend is on life support, but they have not cut it yet. At an absurd 20% yield, I cannot imagine this is sustainable in the long term if the sector doesn’t show improvement, and quick! Energy Transfer’s stock was trading at $7.05 on March 11th, 2020, since then, ET shares have decreased by 14.6%.

And as always, listen to the podcast every Tuesday and Friday. Thanks!

Taxable Portfolio

Dividends Received

TickerNameDividends Received
LEGLeggett & Platt$4.00
TOTAL$4.00

Buys Of The Week

TickerNameSharesShare PriceYield%Added Annual Income
PEPPepsiCo1$142.502.87%$4.09
XOMExxonMobil3$33.4510.40%$10.44
METMetLife2$38.464.78%$3.68
PRUPrudential2$65.456.72%$8.80
JNJJohnson & Johnson1$146.652.75%$4.04
ABBVAbbVie2$86.785.44%$4.72
MRKMerck & Co.2$79.856.11%$4.88
TOTAL$$45.37

Income Breakdown

PeriodAmount
Yearly$1,560.16
Monthly$130.01
Weekly$30.00
Daily$4.27
Hourly$0.1781

SDIRA Portfolio

Dividends Received

TickerNameDividends received
ORealty Income$10.53
FRTFederal Realty Trust$1.06
SCHWABBank Interest.04
Total$11.63

Buys Of The Week

TickerNameSharesShare PriceYield%Added Annual Income
ORealty Income5$60.994.61%$14.05
ETEnergy Transfer31$6.1919.71%$37.82
Total$51.87

Income Breakdown

PeriodAmount
Yearly$1512.03
Monthly$126.00
Weekly$29.08
Daily$4.14
Hourly$0.1726
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