The Retiree's Dividend Portfolio - Jane's August Update: Preferred Exchange

Published Mon, 21 Sep 2020 01:57:16 -0400 on Seeking Alpha

Seeking AlphaRetirementThe Retiree's Dividend Portfolio - Jane's August Update: Preferred ExchangeSep. 21, 2020 1:57 AM ET|| Includes: ABBV, ADM, AVGO, AVGOP, AVNT, BA, 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, BMO, BNS, BNSPF, BP, BPAQF, BTAFF, BTI, CCIXF, CM, CMI, DLR, DLR.PC, DLR.PG, DLR.PJ, DLR.PK, DLR.PL, EAFAX, EBBNF, EBRGF, EBRZF, EMRAF, ENB, ENBBF, EPR, EPR.PC, EPR.PE, EPR.PG, ERRAF, ETN, EWBC, GIS, GLOP, GLOP.PA, GLOP.PB, GLOP.PC, HON, IBM, IRM, KEY, KEY.PI, KEY.PJ, KEYLL, LAUCF, LRCDF, LXP, LXP.PC, LYB, MAIN, MGRC, MMM, MO, MSB, NLY, NLY.PD, NLY.PF, NLY.PG, NLY.PI, NTAP, O, OXLC, OXLCM, OXLCO, OXLCP, PFBC, PM, PPL, RY, RYMTF, RYYLF, SCHF, SNX, STOR, SYY, TD, TORDF, USB, USB.PA, USB.PH, USB.PM, USB.PO, USB.PP, VET, VZ, WMB, WPCby: Matthew UteschMatthew Utesch Dividend Investing, Dividend Growth Investing, Long Only, REITsSummaryJane's retirement accounts generated a total of $1,134.28 of dividend income for August 2020 vs. $1,048.58 of dividend income for August 2019.
Jane's Traditional IRA had a balance of $861.46 as of August 31, 2020, vs. $835.45 on August 31, 2019. The estimated annualized yield is 4.70%.
Jane's Roth IRA had a balance of $142,011.56 as of August 31, 2020, vs. $133,472.33 on August 31, 2019. The estimated annualized yield is 4.50%.
No companies paid an increased dividend or issued a special dividend during the month of August.
One company in Jane's Retirement portfolio suspended or decreased its dividend that was payable during the month of August.
August Summary
I have decided to begin John and Jane's Retirement Account articles with the basic summary of how much income each retiree has generated in their Traditional IRA and Roth IRA for each respective month. Additionally, I have decided that I want to begin tracking the cash balance of each account more closely so that readers can see how each retiree's liquid cash fluctuates on... Read more