The Retirees' Dividend Portfolio: John And Jane's May Taxable Account Update
Published Jul 20, 2020 on Seeking Alpha

Seeking AlphaRetirementThe Retirees' Dividend Portfolio: John And Jane's May Taxable Account UpdateJul. 20, 2020 11:37 AM ET|| Includes: AAPL, ABR, ABR.PA, ABR.PB, ABR.PC, ADM, APLE, AVGO, AVGOP, BP, BPAQF, CAH, CARR, CLX, CMI, DIS, DOV, EAFAX, EMR, EPD, EPR, EPR.PC, EPR.PE, EPR.PG, ET, GIS, HON, HP, HRL, IRM, JCI, LEG, LTC, MCD, MIND, MINDP, MO, MSB, NRZ, NRZ.PA, NRZ.PB, NRZ.PC, O, ORI, OTIS, PH, PSXP, R, RTX, SCHW, SCHW.PC, SCHW.PD, SKT, SLB, SO, SOJA, SOJB, SOJC, SOJD, SOLN, SPG, SPG.PJ, T, T.PA, TBB, TBC, TXN, UTX, VFC, VZ, WASH, WLKP, WPC, XOMby: Matthew UteschMatthew Utesch Dividend investing, dividend growth investing, long only, REITsSummaryThe Taxable account generated $1,407.88 of dividends in June of 2020 compared with $936.06 of dividends in June of 2019.
The Taxable Account had a balance of $374,012.68 as of June 30th, 2020 vs. $452,653.82 on June 30th, 2019. The estimated annualized yield is 4.70%.
A total of two stock/funds in the Taxable portfolio paid increased dividends or paid a special dividend during the month of June.
There were no stocks/funds in the Taxable portfolio that suspended, reduced, or eliminated dividends during the month of June.
We have taken this opportunity to sell some of our high-cost positions in the Taxable account which has pushed the total amount of cash available to more than $30K.
As the market has rallied over the last few months we have taken this opportunity to sell out of some of John and Jane's high-cost positions in order to rebuild the cash reserve that they had prior to COVID-19. When COVID first came about we used the panic to make purchases of stocks at prices that haven't been seen in quite some time. Ultimately, this allowed us to increase the number of shares held in the Taxable Account but we always planned to sell some of these positions when the share price moved back in-line before COVID-19.
The list below shows all of the sales made in the Taxable Account year-to-date.
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