John's July Dividend Increases And Income Tracker - Retirement Accounts

Investment Thesis After a solid June, John's portfolio continued to crank out dividends despite the massive -79.8% dividend cut to SCANA Corporation's (SCG) dividend. At the same time, John saw no gain from our active trading strategy as we opportunistically sold some high cost-basis shares in order to bring down the average cost per share. These moves were made with the intention of building up more capital that can be used for trading and/or purchase stocks when they go on sale.
Before we begin to delve into this month's results, I want to provide readers with a recap of the previous month article, which can be found here.
Starting on 02/01-06/30, John's portfolio has benefitted from $7,236.78 of realized gains from our active trading. During the same time frame, his account has produced $6,535.62 of dividend income. If we combine trading income and dividends, we can approximate an average monthly income of $2,295.40/mo. Although this may sound repetitive, I would like to include a disclaimer that this article is based on an actual portfolio for clients of mine. The goal is to build a portfolio of dividend-paying stocks, bonds, etc., that will continue to produce a growing and long-lasting income stream and simultaneously preserve capital. Capital appreciation is the least important characteristic of this portfolio. It is important that you do your own research when creating a portfolio that meets your needs!
Dividend And Distribution Increases Companies... Read more