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5%+ Dividend Yield Portfolio: Winning In A Tough Market (Feb 2020 Review)

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.
Musings
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!!
Background
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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
TRANSOCEAN 5.65   0.0 -1.98 0.00 10.34
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
IRON MOUNTAIN 34.14   28.4 1.20 2.44 7.29
BLACKSTONE MORTGAGE TRUST 36.16   14.5 2.49 2.48 6.94
OCCIDENTAL PETROLEUM 45.40   9.0 5.05 3.16 6.81
PACWEST BANCORP 38.27   9.9 3.86 2.40 6.49
ABBVIE 70.83   26.0 2.72 4.28 6.28
AT&T 38.38   16.1 2.38 2.04 5.43
HSBC 38.74   11.2 3.45 2.00 5.25
BANCO SANTANDER 4.10   8.5 0.48 0.21 5.05
KINDER MORGAN 20.42   20.6 0.99 1.00 4.94
LYONDELLBASELL INDUSTRIES 83.78   8.8 9.53 4.20 4.94
CANON 27.08   17.7 1.53 1.20 4.51
GLAXOSMITHKLINE 41.03   18.4 2.23 1.83 4.47
IBM 143.62   14.8 9.68 6.48 4.47
VENTAS 71.17   51.6 1.38 3.17 4.41
ING GROEP 10.64   7.8 1.36 0.44 4.12
TEVA PHARMACEUTICAL 8.18   0.0 -3.85 0.00 4.09
PFIZER 37.28   17.0 2.19 1.44 3.85
GILEAD SCIENCES 66.36   14.4 4.61 2.52 3.76
ISHARES DOW JONES INTERNATIONAL SELECT DIVIDEND INDEX FUND 31.06   0.0 0.00 0.00 0.00
DOW CHEMICAL