Finance

Weekly Dividend Roundup 10/9/20

10/5- 10/9/20

Stream of consciousness – go!

Up we go, more money in, and that’s that.

Seriously though, it’s kind of boring at this point, but I can’t say I’m surprised, as investors are starved for yield and have nowhere else to turn. The result? More money in and prices are pushed higher, until there’s a catalyst that dictates a reversal.

I do not believe we will be going back to the way that things were before the pandemic, whether you like it or not. Businesses have seen the way things can be done remotely, who’s essential and how to further cut costs to improve their bottom lines. Can you blame them?

As someone who frequents the highways and byways, the roads, routes and avenues, I have enjoyed the reduction in automotive traffic. I believe we are seeing the birthing pains of the new economy and it’s entrepreneurs that will raise and move it forward.

This is another way of saying that we can make informed speculation, but we have no way to know exactly what will happen. That makes life interesting to say the least!

With that being said, I lightly dollar cost averaged in once again. The power of DCA is highlighted here as I’m buying less at higher prices and more when they’re lower, with the point being that I’m consistently buying.

Here is what I bought this week-

I sold an Altria (MO) 11/6/20 42.50 covered call for .75 ($75.00).

Chevron (CVX) – Chevron is a vertically integrated company, involved in all aspects of oil and natural gas exploration, production, transportation & refinement. Another way to look at it, is they are involved in upstream, downstream and alternative energy. They have one of the best balance sheets, and that is reflected in their share price (given the market conditions). They are not just a “drill and sell” company, which ill help them through these sector headwinds.

PepsiCo (PEP) – Not much to say here, other than I buy one share a week until I have 100, and this was #17.

ExxonMobil (XOM) – Much of the same sentiment stands for ExxonMobil, except that their balance sheet isn’t as favorable as Chevron.

Kimberly Clark (KMB) – Non cyclical and people will need to keep wipin’ butts ‘N blowin’ noses, pandemic or not!

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

Taxable Portfolio

Dividends Received

TickerNameDividends Received
MoAltria$86.00
TOTAL$86.00

Buys Of The Week

TickerNameSharesShare PriceYield%Added Annual Income
PEPPepsiCo1$138.302.96%$4.09
XOMExxonMobil2$35.009.94%$6.96
TOTAL$11.05

Income Breakdown

PeriodAmount
Yearly$1,564.50
Monthly$130.36
Weekly$30.09
Daily$4.29
Hourly$0.1786

SDIRA Portfolio

Dividends Received

TickerNameDividends received
MOAltria$86.00
CBChubb$1.56
Total$87.56

Buys Of The Week

TickerNameSharesShare PriceYield%Added Annual Income
CVXChevron2$74.346.94%$10.32
KMBKimberly-Clark1$151.772.82%$4.28
Total$14.60

Income Breakdown

PeriodAmount
Yearly$1302.91
Monthly$108.56
Weekly$25.06
Daily$3.57
Hourly$0.1487
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