Dividend-News

Daily dividend news for investors in dividend stocks


The Retiree's Dividend Portfolio - Jane's May Update: Following The Gameplan

Published Sun, 21 Jun 2020 17:47:37 -0400 on Seeking Alpha

Jane's retirement accounts generated a total of $1,217.93 of dividend income for May 2020 vs. $1,149.58 of dividend income for May of 2019.
Jane's Traditional IRA had a balance of $287,066.03 as of May 31st, 2020 vs. $278,274.52 on May 31st, 2019. The estimated annualized yield is 4.68%.
Jane's Roth IRA had a balance of $130,766.56 as of May 31st, 2020 vs. $131,575.39 on May 31st, 2019. The estimated annualized yield is 4.51%.
A total of one company paid an increased dividend or issued a special dividend during the month of May.
A total of two companies suspended or decreased their dividend that was payable during the month of May.
In many ways, it is almost comical to see how quickly the markets have roared back to life (whether or not it's justified is a completely different story) as Jane's account balances for the month of May are almost exactly the same as what she had at the end of May in 2019. The only real difference in account balances for her Traditional IRA can be attributed to the $7,000 contribution that was done for the tax year of 2019 earlier in 2020.
Data by YChartsAs a mini-benchmarking exercise and decide to look at how Jane's portfolio balance compares to the performance of the total return of the S&P 500, Dow Jones Composite Average, and the Nasdaq Composite over the same time frame. Ultimately, Jane's portfolio has lagged each of the three indexes but more closely resembles the DJIA in terms of performance.
It is important to remember that we are in the process of de-risking Jane's retirement portfolio as we continue to look for opportunities to generate additional income.
Dividend Cuts And Suspensions
The following stocks cut or suspended their dividend payment that was due in the month of May.
Synnex Corporation (SNX) Vermilion Energy (VET) Synnex - We are a little disappointed that Synnex suspended the dividend given that it was only at a 17.5% payout ratio. Additionally, the company... 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
ANNALY CAPITAL MANAGEMENT 8.60   0.0 -3.32 1.20 14.00
GASLOG PARTNERS LP 19.14   14.5 1.32 2.20 11.08
CHIMERA INVESTMENT 19.57   21.5 0.91 2.00 10.23
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
EPR PROPERTIES 77.15   22.8 3.38 4.50 5.84
MAIN STREET CAPITAL 43.18   16.8 2.57 2.46 5.69
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
IBM 143.62   14.8 9.68 6.48 4.47
BANK OF MONTREAL 72.60   10.2 7.15 3.10 4.33
LEXINGTON REALTY TRUST 10.09   8.4 1.20 0.41 4.10
KEYCORP 18.03   10.7 1.68 0.74 4.08
REALTY INCOME 74.49   56.9 1.31 2.72 3.69
AVAGO TECHNOLOGIES 300.58   37.1 8.11 10.60 3.60
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
BANK OF AMERICA 29.67   10.6 2.80 0.72 2.45
EAST WEST BANCORP 45.79   10.2 4.50 1.10 2.39
BOEING 375.63   44.0 8.54 8.22 2.22
HONEYWELL INTERNATIONAL 168.63   17.9 9.44 3.28 1.93
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%
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
The Retiree's Dividend Portfolio - Jane's January Update: 4 Reasons Why You Find It Difficult Saving Money
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

More