The Retiree's Dividend Portfolio - Jane's October Update: Time To Take Some Gains

Published Fri, 20 Nov 2020 14:22:48 -0500 on Seeking Alpha

Seeking AlphaPortfolio StrategyThe Retiree's Dividend Portfolio - Jane's October Update: Time To Take Some GainsNov. 20, 2020 2:22 PM ET|| Includes: 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.PJ, DLR.PK, DLR.PL, EAFAX, EBBNF, EBRGF, EBRZF, EMICF, EMRAF, ENB, ENBA, ENBBF, EPR, EPR.PC, EPR.PE, EPR.PG, ERRAF, ETN, EWBC, GIS, GLOP, GLOP.PA, GLOP.PB, GLOP.PC, HON, IRM, JPM, JPM.PC, LAUCF, LRCDF, LUMN, LXP, LXP.PC, LYB, MAIN, MGRC, MMM, MO, MRNA, MSB, NLY, NLY.PD, NLY.PF, NLY.PG, NLY.PI, NTAP, O, OGE, OXLC, OXLCM, OXLCO, OXLCP, PFBC, PFE, PM, PPL, RY, RYMTF, SCHF, SNX, STOR, SYY, TD, TDBKF, TNTOF, TNTTF, TORDF, VET, VZ, WMB, WPCby: Matthew UteschMatthew Utesch Dividend Investing, Dividend Growth Investing, Long Only, REITsSummaryJane's retirement accounts generated a total of $2,102.77 of dividend income for October 2020 vs. $1,999.76 of dividend income for October 2019.
Jane's Traditional IRA had a balance of $303,067.69 as of October 31, 2020, vs. $307,524.76 on October 31, 2020. The estimated annualized yield is 4.67%.
Jane's Roth IRA had a balance of $135,585.27 as of October 31, 2020, vs. $144,323.13 on October 31, 2019. The estimated annualized yield is 4.44%.
Five companies paid an increased dividend or issued a special dividend during the month of October.
No companies in Jane's Retirement portfolio suspended or decreased its dividend that was payable during the month of October.
October 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 a regular... Read more