The Retiree's Dividend Portfolio - Jane's September Update: Record Income For The Traditional IRA

Published Sat, 31 Oct 2020 09:00:00 -0400 on Seeking Alpha

Seeking AlphaPortfolio StrategyThe Retiree's Dividend Portfolio - Jane's September Update: Record Income For The Traditional IRAOct. 31, 2020 9:00 AM ET|| Includes: ABBV, ADM, AVGO, AVGOP, AVNT, BA, BAC, BAC.PA, BAC.PB, BAC.PC, BAC.PE, BAC.PL, BAC.PM, BAC.PN, BACRP, BME, BML.PG, BML.PH, BML.PJ, BML.PL, 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, SCHF, SNX, STOR, SYY, TD, TNTOF, TNTTF, 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 $2,017.04 of dividend income for September 2020 vs. $1,553.12 of dividend income for September 2019.
Jane's Traditional IRA had a balance of $306,376.93 as of September 30, 2020, vs. $302,989.90 on September 30, 2019. The estimated annualized yield is 4.55%.
Jane's Roth IRA had a balance of $137,467.61 as of September 30, 2020, vs. $142,660.41 on September 30, 2019. The estimated annualized yield is 4.32%.
No companies paid an increased dividend or issued a special dividend during the month of September.
One company in Jane's Retirement portfolio suspended or decreased its dividend that was payable during the month of September.
September 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... Read more