May 2024 Dividend Income

 

It's fitting that I recently finished listening to "Raising the Floor", a book talking about the need for a universal basic income, as today we come to that time of the month where we discuss what is very likely to be the most effective mechanism to fund a basic income: dividends.

I've been at this about six years now.  There have been headwinds, hurdles, and setbacks to be sure. I've got quite a bit of distance to go before I cross that threshold, but I've still made it quite a distance in the aforementioned timespan.  How did the last month pan out?  Let's dive in and see, shall we?

Nasdaq Covered Call ETF (QYLD): $0.59

General Mills (GIS): $1.93 (IRA)

General Dynamics (GD): $0.37

AGNC: $1.62

GlobalXSuperdividend (SDIV): $0.30

Clorox (CLX): $1.36 (IRA)

Apple (AAPL): $0.02

Kinder Morgan (KMI): $3.23

Stag Industrial (STAG): $0.16

Colgate (CL): $1.50 (IRA)

Main Street Capital (MAIN): $0.57

Tanger Factory Outlet (SKT): $1.54

Gold Hedged Bond Fund ETF (GOLY): $0.07

Lowe's (LOW): $3.30 (IRA)

WisdomTree (DON): $0.12

AT&T (T): $4.70

Verizon (VZ): $7.48 ($0.83 taxable/$6.65 IRA)

Invesco High Dividend Low Volatility ETF (SPHD): $0.17

JP Morgan Premium Equity Index (JEPI): $2.61 (IRA)

Baird Aggregate Bond Fund: $5.92 (401K)

Paychex (PAYX): $2.64

Hormel (HRL): $4.67 ($1.84/$2.83 IRA)

Omega Healthcare (OHI): $5.61

Westrock (WRK): $2.33

Procter & Gamble (PG): $5.60 ($2.58 taxable/$3.02 IRA)

Realty Income (O): $10.13  ($7.82 taxable/$2.31 IRA)

Publix: $95.69 ($67.27/$28.42 401K)

The taxable sub-total comes to $104.38.  Retirement accounts brought in $59.85.  Thus, the grand total for the month clocks in at $164.23.  

Interest came in at $8.42.  The "foundation" account brought in an "additional" $0.16.

There was one round of buys on Robinhood and I added another share of Realty Income (O).  Sadly, still can't do the weekly buys, but I am adding to it when I can so that I can get closer to that 100 share goal.  Moves were made on other fronts (liabilities, savings, fundrise) courtesy of both an "extra" paycheck as well as my tax return coming in.

All in all, it was a solid month.  Mid-quarters rarely disappoint.  We'll see how the next quarter end month fares in comparison.

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