Q2 Completed and now i am ready with another monthly dividend report. This one surprised me as one of my funds payed me a huge dividend. This month i received total dividends of $2250.84,Big reason for this is payment from RERGX, last year and this quarter they paid negligible dividends .Another reason for my confusion is RERGX split the payment as capital gain, but most websites are reporting as dividend.
Comparing with 2020 June this is a big gain due to Rergx,but we had other increases in dividend payees.
Comparing to 2020 June i had 3 dividend reductions with WFC being big cut of $45.
2021 Dividend Goal: With the unexpected payment from RERGX, I am at 50.5% of my goal of 11k.For month of July special dividend payment from Trow should also help.
April Month is done and time is flying very quickly .This month 19 companies paid me dividends and compared to last year 2 new companies paid dividends and they are CINF and JPM.
Total Dividends received this month are $446.87 Compared to 2020 its almost like no gain.
As seen from the tables below they are some cuts that happened in my account and not fully returned like FXAIX,NLY and CXW. CXW i sold the company last year and dividend income is not completely replaced. VTR also i sold part of the position.
Since early this year some of the dividends are being Dripped. This month following dividends are dripped.
2021 Dividends: So far till April i have received 25.3% of my goal (11K Dividends),same time last year i was at 22%,so this year its progressing at better rate.
March is also in Books and with that Q1 is completed. I have received $1506 in Dividends. This is like receiving $48 in dividends every day of march. This is all time high for Month of the March. Some of the payers added in last few months are showing the impact.
Some of my Biggest Payers this month is BBL,DFS,MMM,JNJ.
Compared to my 2020 March, this has grown 27%. Overall 2021 Q1 is up 17% compared to 2020 Q1.
2021 Goal: With this month Dividends I am at 21% of the goal of 11k in dividends this year.
Personal News: Got both the doses of vaccine and i am another week for post 3 weeks completion of Vaccine . Personally didn’t have much side affects or pain except on the day of vaccine.
2021 Already began and one month Gone. Slowly Life returning to normality and its time for one more dividend report. After many reports of income increase reports ,this one will be a decrease compared to last January report. This month i received $355 .85 in dividends which is $15 less than Jan 2020 income. One new Name in Jan 2021 report compared to 2020 is CINF.
Dividends Cut: Dividend Cuts from last year are still big impact on this month report ,as you can see it reduced my dividends by $70. Hoping to see if DIS will resume their dividends some time this year.
Dividend/Options Income : This Year i would like to keep my Goal of 2020 of 11k and will see if i can achieve the Goal. I Started doing covered calls last year and it brought be me some income, I didn’t include that one dividends. I will be adding some funds and buying some stocks ,but i am hoping to get closer to 11k goal either with dividend increases or 401k buys that happen twice a month.
2020 is in books , one of the most unexpected years at least in my generation. Now coming to dividends i had a high hopes for December, but it turned out anticlimactic .I received less dividends this year compared to last December and it was significant.
One of the reason for significant reduction was very small distribution from RERGX one of my biggest funds .In 2019 I received more than 1300 in dividends and distribution from them.
Overall Dividends received were $1677,This is 38% decrease from 2019.But overall dividends compared to 2019 went by $10. This Year my goal was to get 11k in dividends and I achieved 82% of the goal. This year i will raise the goal to 12k Dividends. It will be very interesting to see where I will land.
Overall with all the things considered I am ok with where things ended.
Since I Acquired 100 shares of SPCE in February of this year at $38.05 I started writing covered calls to recover the capital and always write the call out of the money ,so that i wont lose the shares , now this yields low option price and I am ok with that.
So Far I wrote 16 covered calls either weekly or biweekly if the option price is low. 3 times I bought my call back so that I can write an expensive call this costed me total of $16. This way I recovered $654.
ou can see my current call expires next Thursday .Only last week when SPCE rallied all the way to $35.73 ,that was only close one.
ASPS: This is another one i have been writing monthly calls ,as there is not much activity on weekly calls.
Now this one is interesting ,as my latest call is almost in the money and it seems to be certain to get called away .I am Ok with it being called away also. As my average share price is less than $10.Now if it doesn`t get called ,will be writing $15 Call as that seems to fetch more money.
So Early this year many dividend cuts, I stopped following the increases in early june as they were very few here and there in my portfolio. Now almost at the end of the year, I went back till June to check how many increases i had how much impact it had on my account.
So i had 11 increases in my account adding up to $75 to my dividends. ABBV had the biggest impact.
Overall this year I had $173 added in dividend increases for my account. My portfolio yield is around 2.2% This mean like new capital like 7k in capital.