Vanguard Utilities ETF (VPU): $2
General Mills (GIS): $7 (Roth)
VF Corp (VFC): $2
Clorox (CLX): $7 (Roth)
Lockheed Martin (LMT): $2
Colgate (CL): $7 (Roth)
General Dynamics (GD): $2
Northrop Grumman (NOC): $7 (Roth)
Kraft-Heinz (KHC): $2
Schwab US Dividend Equity ETF (SCHD): $7 (Roth)
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The first quarter of the year is over and it was...bumpy. The craziness just won't stop. I'm holding the line fairly well, all things considered. I keep reading about how dire things are for a lot of other people and how they're draining savings and running up credit card debt. Haven't had to resort to that, thankfully, but it's no cake walk. In tumultuous times, you turn to your port in the storm; which, in this case, is dividends. That's right, this is money companies pay you even if you don't work for them. It's a pretty sweet arrangement. I've been tracking them for some time now and it is, once again, time to log the numbers for the past month. This being a quarter end, it's a highlight for most investors. For a while, the mid-quarter was my shining month, but the tide has turned the past few quarters. Will that trend continue? Let's find out and dive right in.
Kroger (KR): $1.79
SJW Group (SJW): $3.84 ($0.80 taxable/$3.04 IRA)
Intel (INTC): $0.41
J.M. Smucker (SJM): $0.20
Nasdaq 100 Covered Call ETF (QYLD): $0.40
Pfizer (PFE): $1.30
Johnson & Johnson (JNJ): $0.66
J.P. Morgan Exchange Traded Fund (JEPI): $3.29 (IRA)
Microsoft (MSFT): $0.04
AGNC: $1.36
Chevron (CVX): $0.47
IBM: $0.18
Emerson (EMR): $0.33
Exxon Mobil (XOM): $8.35 ($2.89 taxable/$5.46 IRA)
Target (TGT): $0.44
Yum: $0.19
Sherwin Williams (SHW): $1.21 (IRA)
Scott's Miracle Gro (SMG): $7.92 (IRA)
Walgreen's Boots Alliance (WBA): $1.55
GlobalXSuperdividend (SDIV): $0.25
3M (MMM): $0.49
Realty Income (O): $5.81 ($3.52 taxable/$2.29 IRA)
Wendy's (WEN): $2.67
Northrop Grumman (NOC): $0.13 (IRA)
Kellogg (K): $0.29 (IRA)
ConEd (ED): $0.83
McDonald's (MCD): $0.44
Stag Industrial (STAG): $0.13
NextEra Energy (NEE): $2.95 ($0.14 taxable/$2.81 IRA)
Main Street Capital (MAIN): $0.43
Hershey's (HSY): $2.07 (IRA)
Flower's Foods (FLO): $1.49
VF Corp (VFC): $1.78
Unilever (UL): $0.26
Vanguard High Dividend Yield ETF (VYM): $5.10 ($0.80/$4.30 IRA)
Stanley Black & Decker (SWK): $4.80 (IRA)
Home Depot (HD): $4.18 (IRA)
Lockheed Martin (LMT): $0.45
Invesco High Dividend Low Volatility ETF (SPHD): $0.15
Schwab US Dividend Equity ETF (SCHD): $4.80 ($0.62 taxable/$4.18 IRA)
Vanguard Total Market ETF (VTI): $5.99 ($2.06 taxable/$3.93 IRA)
Vanguard Dividend Appreciation ETF (VIG): $0.73
Vanguard S&P 500 ETF (VOO): $3.40 ($0.43 taxable/$2.97 IRA)
iShares Core Dividend Growth ETF (DGRO): $3.89 ($0.31 taxable/$3.58 IRA)
Vanguard S&P 500 Growth ETF (VOOG): $0.09
Vanguard Utilities ETF (VPU): $0.57
Vanguard US REIT Fund (VNQ): $0.82
Domino's (DPZ): $0.11
Wisdom Tree (DON): $0.11
T. Rowe Price (TROW): $4.88 (IRA)
Baird Aggregate Bond Fund: $3.43 (401K)
DFA US Small Cap: $2.12
Whew, that's a doozy. Ok, so the sub-total for the taxable income that can be used today came out to $32.69. Not too bad. The retirement income came out to $66.87. That brings the grand total to $99.56.
Gah! So close! You're killin' me, Smalls, killin' me softly. Actually, I'm happy with that number overall. We're starting to see momentum building.
Interest clocked in at $2.97, so the overall passive income total does cross the 3 digit threshold. Next quarter end is a lock, though
You're can already see the effect the Realty Income and VTI buys, which is kind of neat.
Speaking of buys, I maintained my plan and also made some buys on Robinhood (which you can read about here, here, and here. I also threw in an impromptu buy for a share of Westrock (WRK). Publix also kicked in with its PROFIT plan and 401k match. I missed out on it last year, so it was nice to see it juice up the balance sheet again. You can see the fairly recently updated portfolio post here.
While 2023 is living up to my prediction, the quarter end continues to shine. It's good to see progress being made. Just have to keep pressing onward.
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Vanguard Dividend Appreciation ETF (VIG): $2
General Mills (GIS): $7 (Roth)
VF Corp (VFC): $2
Kellogg (K): $7 (Roth)
Target (TGT): $2
Clorox (CLX): $7 (Roth)
NextEra Energy (NEE): $2
Colgate-Palmolive (CL): $7 (Roth)
Papa John's (PZZA): $2
Northrop Grumman (NOC): $7 (Roth)
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Vanguard Dividend Appreciation ETF (VIG): $2
General Mills (GIS): $7 (Roth)
GlobalXSuperdividend ETF (SDIV): $2
Kellogg (K): $7 (Roth)
Hormel (HRL): $2
Clorox (CLX): $7 (Roth)
Paychex (PAYX): $2
Colgate (CL): $7 (Roth)
VF Corp (VFC): $2
Northrop Grumman (NOC): $7 (Roth)
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Another month rolls on by, which means that it's time to look back and log the dividends. February is a shorter month, but the mid-quarter is the heavy hitter for me (barring December) so there's still a lot to cover. As such, let's dive right in.
Nasdaq 100 Covered Call ETF (QYLD): $0.20 (+$0.01 from last month, +$0.02 QoQ)
Publix: $32.39 ($20.70 taxable, $11.69 401K)
AT&T (T): $4.08 (+$0.07 QoQ, +$1.16 YoY)
Verizon (VZ): $7.28 ($0.75 taxable/$6.53 IRA) (+$0.01 QoQ)
AGNC: $1.35 (+$0.01 MoM, +$0.05 QoQ, +$1.06 YoY)
J.P. Morgan ETF (JEPI): $3.55 (IRA)
Lowe's (LOW): $3.15 (IRA)
General Dynamics (GD): $0.28
Clorox (CLX): $0.07 (IRA)
GlobalXSuperdividend ETF (SDIV): $0.13
Colgate (CL): $0.05 (IRA)
Hormel (HRL): $4.09 ($1.34 taxable/$2.75 IRA) (+$0.23 QoQ, +$3.33 YoY)
Kinder Morgan (KMI): $2.87 (+$0.32 QoQ, +$1.46 YoY)
Omega Healthcare Investors (OHI): $5.03 (+$0.11 QoQ, +$1.97 YoY)
Proctor & Gamble (PG): $4.91 ($2.17 taxable, $2.74 IRA)
Realty Income (O): $4.91 ($2.67 taxable, $2.24 IRA) (+$1.17 MoM, +$1.31 QoQ, $3.89 YoY)
Tanger Outlet (SKT): $1.17
Stag Industrial (STAG): $0.13
Main Street Capital (MAIN): $0.24
Apple (AAPL): $0.02
Papa John’s (PZZA): $0.15
Westrock (WRK): $1.76
Paychex (PAYX): $1.99
Invesco High Dividend Low Volatility ETF (SPHD): $0.15
Starbucks (SBUX): $0.33
Wisdom Tree (DON): $0.01
Baird Aggregate Bond Fund: $2.87 (401K)
Taxable sub-total: $47.52
Retirement sub-total: $35.64
Grand total comes to $83.16. This is down a bit from last quarter, but with no Sprague Resources, I knew that was coming. I'll recoup the loss in time, and it is still a pretty good number, overall. It's more than double from last year's, so I really can't complain about that.
Interest clocked in at $2.61
There were 4 rounds of Robinhood buys, which you can read about here, here, here, and here. Beyond that, it was just the things that I had already talked about at the beginning of the year. I added four more shares of Realty Income via the weekly purchase and the daily VTI/crypto/gold and silver buys keep chugging along. The Best Buy purchase did finally go through, it just took a few days for some weird reason. The same thing happened again this month, but that'll count as March's purchase. I am glad I started doing that, though. It's good to see the position start growing in earnest.
There were a lot of dividend increases announced this month. I need to get back in the habit of tracking those, but suffice it to say, it was nuts. There were some dividend cuts too. Intel cut theirs, as did VF Corp. The latter is especially vexing. Not only is it the larger position, but it was a dividend king. It sucks to see such a streak end. On the plus side, if they only cut their dividend once in the past 50 years, it'll be quite a while before the next potential one, right?
2023 keeps chugging along. It's weird that we're already on the cusp of Q2, but time does have a tendency to fly.
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