The Retiree's Dividend Portfolio - John's May Update: Selling Kimco Preferred Series L For Better Opportunities
Published Jun 30, 2020 on Seeking Alpha

Seeking AlphaRetirementThe Retiree's Dividend Portfolio - John's May Update: Selling Kimco Preferred Series L For Better OpportunitiesJun. 30, 2020 8:21 AM ET|| Includes: ABBV, APLE, BAC, BAC.PA, BAC.PB, BAC.PC, BAC.PE, BAC.PK, BAC.PL, BAC.PM, BAC.PN, BACRP, BME, BML.PG, BML.PH, BML.PJ, BML.PL, BP, BPAQF, BRX, CDUAF, CDUTF, CDUUF, CLDT, CNAUF, CNUTF, CONE, CVS, CVX, D, DLR, DLR.PC, DLR.PG, DLR.PI, DLR.PJ, DLR.PK, DLR.PL, DRUA, DUK, DUK.PA, DUKB, DUKH, EAFAX, EPR, EPR.PC, EPR.PE, EPR.PG, EV, GD, HTA, IRM, JNJ, JPM, JPM.PC, JPM.PD, JPM.PG, JPM.PH, JPS, KIM, KIM.PL, KIM.PM, KMI, KRG, LTC, LVS, MAIN, MO, O, OMI, OXY, OZK, PACW, PEP, PFE, PFF, PK, PONAX, RF, RF.PA, RF.PB, RF.PC, RPT, RPT.PD, SCE.PB, SCE.PC, SCE.PD, SCE.PE, STAG, STAG.PC, T, T.PA, TBB, TBC, TD, TORDF, TROW, UMPQ, UTF, VER, VER.PF, VLO, VLY, VLYPO, VLYPP, VTR, WBA, WPC, WRKby: Matthew UteschMatthew Utesch Dividend investing, dividend growth investing, long only, REITsSummaryJohn's retirement accounts generated a total of $1,064.77 of dividend income for May 2020 vs. $1,115.93 of dividend income for May of 2019.
John's Traditional IRA had a balance of $241,715.44 as of May 31st, 2020 vs. $254,523.78 on May 31st, 2019. The estimated annualized yield is 5.25%.
John's Roth IRA had a balance of $141,864.87 as of May 31st, 2020 vs. $167,652.07 on May 31st, 2019. The estimated annualized yield is 5.85%.
A total of two companies 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.
Although this article covers the results for the month of May, I did want to discuss a trade made during the month of June where we sold shares of Kimco (KIM.PL) Preferred Series L. As much as I would like to take credit for the timing of selling this holding I can honestly say it was lucky timing that we decided to sell it when we did.

Source: Charles Schwab
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