Welcome to the October 2020 Dividend Report.
My goal here is to review the income received from my dividend growth portfolio during the past month. I also wish to highlight certain dividend changes and recent transactions that took place.
Since its inception in May 2020 the portfolio generated $866 in after tax dividend income.
My total dividend income for the month of October 2020 is $130.65, paid by the following companies:
|Merck & Co., Inc.(MRK)||$6.40|
|Cardinal Health Inc (CAH)||$7.65|
|AvalonBay Communities Inc (AVB)||$16.69|
|Philip Morris International Inc. (PM)||$18.00|
|Eastman Chemical Company (EMN)||$8.41|
|Omnicom Group Inc. (OMC)||$14.62|
|Algonquin Power & Utilities Corp (AQN)||$8.49|
|ViacomCBS Corporation (VIAC)||$7.02|
|Altria Group Inc (MO)||$21.28|
|Cisco Systems, Inc. (CSCO)||$6.48|
|Federal Realty Investment Trust (FRT)||$11.92|
Here is my dividend income so far this year:
This month, two companies in my portfolio announced dividend increases:
ABBV – 10.2%
PNW – 6.1%
There were no dividend cuts this month.
I was very active in the market this month. Here to document my activities:
CVS Health (CVS) – New position of 50 shares (bought in three increments)
Equity Residential (EQR) – New positions of 20 shares
Essex Property Trust (ESS) – New position of 5 shares
The Kroger (KR) – New position of 31 shares
Gilead Sciences (GILD) – New position of 17 shares.
AT&T (T)- Added 18 shares to increase my position to 70 shares.
General Dynamics (GD) – Added 4 shares to increase my position to 15 shares
Chevron (CVX)– Added 7 shares to increase my position to 20 shares
Lockheed Martin (LMT) – Added 6 shares to increase my position to 9 shares.
Philip Morris (PM) – Added 7 shares to increase my position to 27 shares
Cisco (CSCO) – Added 27 shares to increase my position to 51 shares
Omnicom Group (OMC ) – Added 10 shares to increase my position to 40 shares.
Projected Annual Dividend Income (PADI): $2,920
As for cash flow, this month, my passive income covered our entire expenses! The numbers below are in Israeli currency.
And some more charts to measures my progress: