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The Retiree's Dividend Portfolio - Jane's January Update: 4 Reasons Why You Find It Difficult Saving Money

Published Mon, 24 Feb 2020 06:40:05 -0500 on Seeking Alpha

Jane's retirement accounts generated a total of $1,951.21 in dividend income for January 2020 vs. $1,918.17 of dividends in January of 2019.
A total of three companies paid an increased dividend or issued a special dividend during the month of January.
We saw a number of opportunities during the month of January to add to existing positions which are detailed later in the article.
Similar to the Taxable account, we have updated graphs and tables for 2020 to give readers a better idea of how the portfolio has performed over the 2+ years.
For 2020, I estimate that the Traditional IRA will generate an average of $1,116.17/month in dividends while the Roth IRA is estimated to bring in an average of $507.08/month.
The introduction to this article is going to be quite a bit different because it doesn't have a direct connection with John and Jane's Taxable or Retirement accounts. Back in June, I changed from my job where I handled mortgage-backed securities to working for a small credit union where I helped them launch their first true stand-alone branch. I essentially perform the function of a loan officer but have additional responsibilities that include training and underwriting. Prior to my work in mortgage-backed securities, I had 6+ years of experience performing a similar type of work.
As a forward-facing individual, it has reminded me just how bad the average person is when it comes to saving money and what makes it worse is that problem spans every demographic (high-income earners are just as guilty of not saving as those that live below the poverty line). For many, it becomes easier to simply wish that they had an investment portfolio like John and Jane's but it is this type of thinking that I can only set one back further since dreaming what you could have has zero impact when it comes to making those dreams a reality. I want to emphasize that I am also speaking about myself when I mention that the average American does a poor job of saving... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
OXFORD LANE CAPITAL 9.73   0.0 0.00 1.62 16.65
VERMILION ENERGY 15.98   9.3 1.72 2.09 13.10
GASLOG PARTNERS LP 19.14   14.5 1.32 2.20 11.08
CENTURYLINK 13.53   0.0 -7.43 1.00 7.94
IRON MOUNTAIN 34.14   28.4 1.20 2.44 7.29
ALTRIA GROUP 44.46   13.2 3.36 3.36 7.23
BRITISH AMERICAN TOBACCO 37.99   0.0 0.00 2.68 6.64
BP 37.67   14.3 2.64 2.44 6.45
ENBRIDGE 34.70   19.7 1.76 2.21 6.38
ABBVIE 70.83   26.0 2.72 4.28 6.28
PHILIP MORRIS INTERNATIONAL 74.90   14.9 5.03 4.68 6.12
WILLIAMS 24.29   303.6 0.08 1.52 6.12
MAIN STREET CAPITAL 43.18   16.8 2.57 2.46 5.69
PPL 30.88   12.7 2.43 1.65 5.50
CANADIAN IMPERIAL BANK OF COMMERCE 81.35   9.5 8.59 4.33 5.17
LYONDELLBASELL INDUSTRIES 83.78   8.8 9.53 4.20 4.94
BANK OF NOVA SCOTIA 56.20   11.2 5.02 2.70 4.79
WP CAREY & CO 88.72   31.4 2.83 4.14 4.73
IBM 143.62   14.8 9.68 6.48 4.47
KEYCORP 18.03   10.7 1.68 0.74 4.08
VERIZON COMM 60.43   15.8 3.83 2.46 4.04
TORONTO-DOMINION BANK 56.54   11.9 4.74 2.22 4.02
ROYAL BANK OF CANADA 78.79   11.9 6.61 3.16 4.00
GILEAD SCIENCES 66.36   14.4 4.61 2.52 3.76
REALTY INCOME 74.49   56.9 1.31 2.72 3.69
GENERAL MILLS 54.09   18.6 2.90 1.96 3.59
MESABI TRUST 24.73   7.3 3.37 0.84 3.57
NETAPP 56.36   14.4 3.90 1.92 3.52
ARCHER-DANIELS-MIDLAND 41.45   17.8 2.33 1.40 3.47
3M 170.58   20.6 8.28 5.76 3.41
DIGITAL REALTY 126.53   116.1 1.09 4.32 3.38
EATON 87.30   17.0 5.14 2.84 3.27
CUMMINS 165.05   10.1 16.38 5.24 3.20
U.S. BANCORP 55.73   13.1 4.25 1.48 2.65
ILLINOIS TOOL WORKS 159.85   21.5 7.45 4.28 2.54
BANK OF AMERICA 29.67   10.6 2.80 0.72 2.45
JOHNSON CONTROLS 44.30   6.7 6.57 1.04 2.42
JOHNSON CONTROLS INTERNATIONAL 44.30   6.7 6.57 1.04 2.42
EAST WEST BANCORP 45.79   10.2 4.50 1.10 2.39
POLYONE 34.40   19.2 1.79 0.78 2.29
HONEYWELL INTERNATIONAL 168.63   17.9 9.44 3.28 1.93
RESMED 133.96   47.8 2.80 1.56 1.16
LAURENTIAN BANK OF CANADA 34.05   0.0 0.00 0.00 0.00

OXFORD LANE CAPITAL - OXLC
OXFORD LANE CAPITAL - OXLC  


Older articles featuring Oxford Lane Capital (OXLC):
5 Monthly Dividend Stocks Paying Up to 20%
The Retiree's Dividend Portfolio - Jane's May Update: Following The Gameplan
Underpriced High-Yield Baby Bonds And Preferreds - Investor Misunderstanding Creates Bargains: ECC And OXLC
The Retiree's Dividend Portfolio - Jane's April Update: Looking More Like A Return To Normalcy
High-Yield Bonds: Not So Junk Anymore
Income Lab Ideas: Dividend Reinvestment Plan
93 Monthly Pay Dividend Dogs And 80 Top Yield Funds For March
Reduce Volatility With High Yield - The Income Method
2020: The Annual 'Shock And Awe' Truth Between Cost And Dividends From A 100% High-Yield Portfolio
7.3% Yield, Monthly Pay Opportunity From HFRO

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