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Weekly Dividend Roundup 9/11/20

9/8 – 9/11/2020

Short week with the Labor Day holiday here in the United States, but that doesn’t stop the weekly investments! Dollar cost averaging is so critical to long term success since we aren’t trying to time the market. It’s true that we will be buying shares at higher prices using the dollar cost averaging method, but more will be bought at lower prices and fewer at higher price.

In my taxable account I purchased –

PepsiCo (PEP) – Every Friday I buy a share with the ultimate goal being 100, so I can begin writing covered calls on those.

Kimberly-Clark (KMB) – I’d like to introduce the newest member of the Dapper Dividends taxable portfolio! While the starting yield on these is only 2.89%, they are a super solid dividend growth company with 24 years of consecutive growth and a trailing 12 months Free Cash ratio of 44%. They are a largely non-cyclical consumer staple with a nice net margin of 13%.

CubeSmart (CUBE) – Added more shares of this self storage REIT to bring them to 10.  I am looking to taper off the REITs in the taxable to avoid paying the yearly taxes on the non-qualified dividends.

AbbVie (ABBV) – I touched on AbbVie last week, and I keep on adding. I believe they are still a screaming buy and have a very safe and sustainable 5% yield. Most likely I’ll add another share or two in the coming week.

Johnson & Johnson (JNJ) – I needed something else to buy and I was drawing a blank as Friday was coming to a close. So when in doubt, I buy JNJ. The yield is currently 2.73%, but the smart move is to always go with safety and growth of a dividend over yield. And Johnson & Johnson is about as safe as they come.

Microsoft (MSFT) – I have been on the fence about Microsoft for quiote some time, and decided to take the plunge and initiate a position. The yield is a microscopic 1%, but has a 5 year CAGR of about 10%. Super safe and super blue chippy, I plan on tucking these away in a drawer for years to come. and if they drop to the $180s level, I may just add more.

AT&T (T) – I sold a 10/16/20 $28.00 Cash Secured Put (CSP) for .57 ($57).  Given the current price of AT&T I thought I would like to add 100 more shares. If you are unfamiliar, I entered into a contract to purchase 100 shares of AT&T if they are below $28 on Friday, October 16th.  If I end up having the shares assigned to me, I’ve already been compensated the $57 (which I have right now and keep no matter what), they will have a cost basis of $27.43. And if AT&T is around $30? I still keep that $57 and try again…. win-win-win.

Check out the recapped portfolio activity below, and click on the underlined portfolio title to be taken to each spreadsheet.

 

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

Taxable Portfolio

Dividends Received

TickerNameDividends Received
LYBLyondellBasell$10.50
JNJJohnson & Johnson$12.12
ADMArcher Daniels-Midland$3.60
XOMExxonMobil$13.05
IBMIBM$16.30
TOTAL$58.25

Buys Of The Week

TickerNameSharesShare PriceYield%Added Annual Income
PEPPepsiCo1$134.453.04%$4.09
ABBVAbbVie1$89.385.28%$4.72
KMBKimberly Clark2$148.002.89%$8.56
CUBECubeSmart2$32.194.10%$2.64
JNJJohnson & Johnson1147.802.73%$4.04
TOTAL$24.05

Income Breakdown

PeriodAmount
Yearly$1,538.50
Monthly$128.20
Weekly$29.59
Daily$4.22
Hourly$0.1756

SDIRA Portfolio

Dividends Received

TickerNameDividends received
JNJJohnson & Johnson$10.10
ADMArcher Daniels-Midland$1.80
XOMExxonMobil$9.57
CVXChevron$14.19
IBMIBM$6.52
Total$42.18

Buys Of The Week

TickerNameSharesShare PriceYield%Added Annual Income
MSFTMicrosoft2$202.971.00%$4.08
Total$4.08

Income Breakdown

PeriodAmount
Yearly$1,171.68
Monthly$97.64
Weekly$22.53
Daily$3.21
Hourly$0.1337
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