Published Thu, 14 May 2020 01:17:40 -0400 on Seeking Alpha
I collected $680 in April as I essentially ignored the rapidly increasing stock prices.
The amount was lower than January because of lower distributions across several ETFs.
9 holdings were removed and one more was trimmed.
Cash was shored up as the divergence between Wall Street and Main Street continues to be wide and growing.
Introduction Welcome to my April 2020 review for my dividend growth portfolio. For reference, this article series covers my investing journey as a father of two towards my eventual retirement. Any specific stocks or amounts are particular to my self-directed 401(k) plan.
The goal of my portfolio is to generate a perpetually growing income stream for my wife and I during our golden years. The aim is to live off dividends without touching the principal. Dividend growth stocks and ETFs are the chosen vehicles to meet that goal. Currently 34, I have approximately 25 years before I can touch any of this money (without taxes and penalties).
Another primary goal of writing is to assist other investors. I hope there are facets of my strategy that you find appealing and can implement yourselves.
For anyone interested, I have a trimmed version of a portfolio tracking spreadsheet you can freely take for yourself, found here.
I've received some questions in the past, so you can save off a copy by selecting "File" -> "Make A Copy."
After the painful month that was March, April was more serene for the markets. Stocks had their strongest month since 1987 after their worst since 2008. From my own perspective, I continue to perceive a wide and growing gap between Wall Street and Main Street. While I am still employed, many millions are not, and that figure grows each week. My heart breaks a little when I see millions losing their jobs and the market rejoices. GDP drops and the market rejoices. It was also painful on a personal note having to cancel a much-anticipated Disney World trip with my family.
In... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|GLOBAL X SUPERDIVIDEND ETF||17.06||0.0||0.00||0.00||8.83|
|TANGER FACTORY OUTLET CENTERS||16.50||21.4||0.77||1.42||8.35|
|COHEN & STEERS CLOSED-END OPPORTUNITY FUND||13.11||0.0||0.00||0.00||8.11|
|SIMON PROPERTY GROUP||155.27||20.8||7.48||8.40||5.21|
|WP CAREY & CO||88.72||31.4||2.83||4.14||4.73|
|JOHNSON & JOHNSON||130.43||21.6||6.03||3.80||2.93|
|T. ROWE PRICE GROUP||118.12||14.9||7.95||3.04||2.58|
|STANLEY BLACK & DECKER||147.12||31.3||4.70||2.76||1.87|
|BROOKFIELD ASSET MANAGEMENT||53.61||18.4||2.92||0.64||1.22|
|ISHARES DOW JONES INTERNATIONAL SELECT DIVIDEND INDEX FUND||31.06||0.0||0.00||0.00||0.00|
|ISHARES FTSE NAREIT MORTG PLUS CAPPED INDEX FUND||41.97||0.0||0.00||0.00||0.00|
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