Published Tue, 03 Mar 2020 15:43:55 -0500 on Seeking Alpha
My -4.8% performance beat by the -7.5% of the S&P 500 in February.
My Feb dividends disappointed with a 50% monthly drop from last year.
However, my dividend yields remain over 5% (versus the under 2% mark for the S&P 500).
I stayed away from active trading in February but might do some bargain shopping in March.
No one wants to be ‘the guy that lost less’ - since you are still losing. However, I am proud of the way my portfolio has handled 2020’s volatility to date. While I am still down -6.9% in 2020, the S&P 500 is down -7.5% (and I beat the index by almost 300 bps in February).
In general, the pain in the market was wide-ranging with no strategy, factor, or sector spared (unless you happened to be long volatility).
Source: S&P Dow Jones
February 2020 Review
February 2020 (like January before it) ended with a thud as virus fears took most indexes to double digit losses for the last week of the month. For February, the S&P 500 posted a -7.5% which I meaningfully outperformed with a -4.8%. In 2020, I am tracking at -6.9%, which is beating the S&P 500’s -7.5%. For the last 12 months, I am flat which lagged the 8.8% gains for the index. However, my 5.0% projected dividend yield keeps crushing the 1.7% yield of the index.
As for pure cash yield, February 2020 rewarded me with realized dividends of $636 (versus $1,272 in 2019…an unpleasant 50% decrease). For the last 12 months, my portfolio delivered $16,320 in cash to me (down 2% YoY). My realized yield for the trailing twelve months was 5.0% for my full portfolio including cash reserves. I will have some work to do to beat my ambitious 2020 yield goal of over $18,000 for the year (an ~10% increase over 2019).
Fear and greed are hard to balance, but I am happy with where I am overall. My yield focused strategy still makes the most sense to me as paper gains may come and go but cash is forever!!
Since I write for... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|NEW RESIDENTIAL INVESTMENT||14.98||18.0||0.83||2.00||13.28|
|TANGER FACTORY OUTLET CENTERS||16.50||21.4||0.77||1.42||8.35|
|SABRA HEALTHCARE REIT||22.49||204.4||0.11||1.80||8.28|
|BLACKSTONE MORTGAGE TRUST||36.16||14.5||2.49||2.48||6.94|
|ISHARES DOW JONES INTERNATIONAL SELECT DIVIDEND INDEX FUND||31.06||0.0||0.00||0.00||0.00|
Older articles featuring New Residential Investment (NRZ):Opportunities In The Remaining High-Yield 2x Leveraged ETNs
99 Dividend Dog 10%+Yields At $5-$15 Prices For March
Annaly Capital's BV, Dividend, And Valuation Versus 20 mREIT Peers (Post Q4 2019 Earnings - Attractive Valuation)
50 Top U.S. REITs By Gains And Yield By March Broker Targets
The Retirees' Dividend Portfolio - John And Jane's February Taxable Account Update
50 Top U.S. REITs By Gains And Yield Based On February Broker Forecasts
5%+ Dividend Yield Portfolio: Tough Sledding For Yield Investors (January 2020 Review)
The Retirees' Dividend Portfolio - John And Jane's December Taxable Account Update: The Year-End Edition
AGNC Investment's Q4 2019 Income Statement And Earnings Projection - Part 2 (Includes Dividend Sustainability Metric)
5%+ Dividend Yield Portfolio: Is Strong Good Enough? (Dec 2019 Review)