Dividend-News

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The Retirees' Dividend Portfolio - John And Jane's May Taxable Account Update: Monthly Income Record

Published Wed, 12 Jun 2019 07:00:00 -0400 on Seeking Alpha

One of the most humbling things I have learned to do in my short 30 years of life is to openly admit when I make a mistake. My reason for doing this is that I believe the fastest way to build trust is by telling the truth even when the outcome doesn't necessarily have a major impact on the person/audience I am speaking to. The obligation to point out my own mistakes is elevated by the fact that my articles are read by investors whose knowledge level varies from amateur to expert.
So what is the mistake I made exactly? It was a simple as selling out of the Buckeye Partners (BPL) position before the dividend ex-date which impacted my clients' May income stream. Some might scoff at this but I believe it is important to call this mistake out because that is the only way to make sure that a "silly" mistake doesn't turn into a big one.
The good news is that John and Jane have their highest-earning month of income since I began helping them with their finances. It also looks like there won't be any higher buyout offers which meant that selling when I did made it possible for John and Jane to capitalize on selling at the share price of $41.80/share which is a premium of $1.16/share over its current price of $40.64/share. With a holding of 225 shares, it reduced the realized loss by $261 (The position was sold at a loss of -$837.63).
The bad news is that if I had given more than two seconds of thought before trading BPL the total monthly income would have risen from $1,657.60 to... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
NEW RESIDENTIAL INVESTMENT 15.84   11.2 1.42 2.00 12.84
MESABI TRUST 29.25   8.7 3.37 3.56 12.18
MACQUARIE INFRASTRUCTURE 40.14   27.1 1.48 4.00 9.92
ARBOR REALTY TRUST 12.41   9.3 1.34 1.12 9.08
TANGER FACTORY OUTLET CENTERS 16.30   19.0 0.86 1.42 8.60
TRANSMONTAIGNE PARTNERS 40.99   24.2 1.69 0.00 7.86
IRON MOUNTAIN 32.56   26.9 1.21 2.44 7.55
BUCKEYE PARTNERS LP 40.83   0.0 -0.62 3.00 7.36
WESTLAKE CHEMICAL PARTNERS LP 24.16   15.0 1.61 1.78 7.27
AT&T 32.41   12.1 2.68 2.04 6.32
ALTRIA GROUP 49.90   15.2 3.28 3.20 6.29
ENTERPRISE PRODUCTS 28.84   13.9 2.07 1.75 6.10
BP 41.09   14.0 2.94 2.44 6.03
HELMERICH & PAYNE 49.13   74.4 0.66 2.84 5.83
EPR PROPERTIES 78.86   21.1 3.74 4.50 5.73
SCHLUMBERGER 36.51   25.0 1.46 2.00 5.46
SIMON PROPERTY GROUP 165.27   21.6 7.65 8.20 4.92
LTC PROPERTIES 47.00   12.1 3.89 2.28 4.89
WP CAREY & CO 85.61   27.2 3.15 4.14 4.81
EXXON MOBIL 75.32   17.4 4.34 3.48 4.63
SOUTHERN COMPANY 55.74   17.0 3.27 2.48 4.47
CARDINAL HEALTH 45.04   450.4 0.10 1.92 4.29
LEGGETT PLATT 38.20   17.8 2.14 1.60 4.25
VERIZON COMM 57.63   14.8 3.88 2.41 4.18
RYDER SYSTEM 56.94   10.5 5.40 2.16 3.84
WASHINGTON TRUST BANCORP 50.74   12.7 4.00 1.88 3.75
GENERAL MILLS 53.32   20.9 2.55 1.96 3.70
REALTY INCOME 73.22   54.6 1.34 2.72 3.70
OLD REPUBLIC INTERNATIONAL 22.58   8.7 2.59 0.80 3.54
ARCHER-DANIELS-MIDLAND 40.71   14.0 2.91 1.40 3.44
EMERSON ELECTRIC 63.48   17.3 3.67 1.96 3.13
TEXAS INSTRUMENTS 111.30   20.2 5.51 3.08 2.89
CUMMINS 167.95   10.9 15.43 4.56 2.81
JOHNSON CONTROLS 39.06   15.3 2.56 1.04 2.66
JOHNSON CONTROLS INTERNATIONAL 39.06   15.3 2.56 1.04 2.66
CLOROX 153.08   25.0 6.12 4.24 2.48
UNITED TECHNOLOGIES 126.76   19.5 6.49 2.94 2.37
PARKER HANNIFIN 167.63   15.4 10.91 3.52 2.18
AIR PRODUCTS & CHEMICALS 220.39   28.7 7.67 4.64 2.14
HORMEL FOODS 41.18   22.5 1.83 0.84 2.05
DOVER 96.94   26.6 3.64 1.92 2.01
APPLE 197.87   16.6 11.89 3.08 1.59