Dividend Income for April 2020 – Winning!
Another month of dividends. Every 4th month is slim for dividends in my account. None of the companies I invest in have cut dividends or stopped dividends. I automatically reinvest (DRIP) all dividends into additional shares or fractional shares of stock. Stocks are still on sale so look for those good deals. I haven’t purchased anything new. I am waiting on the sidelines to see what happens with the market. I don’t think anyone knows how this will play out.
I believe in buying and holding dividend-paying stocks forever as long as the dividend is not cut completely or the company fails in some way. I invest in high-quality stocks with a proven track record of paying increasing dividends year after year.
It looks like a good time to dollar cost average investments as stocks are at bargain-basement prices right now.
Any unused or additional money goes into a high-interest savings account. My American Express Personal Savings account dropped to 1.5% interest from 1.6%. This is the 2nd drop in 2 months. Not too bad considering the Fed Rates are less than zero now.
(Reuters) – Financial markets began pricing in a negative U.S. interest rate environment for the first time on Thursday 5/7/2020
I recommend tracking your portfolio, I use Personal Capital which is great for tracking dividends, stock holdings, and expenses all in one place. You can get a Free Personal Capital account and get $20 for just signing up.
Dividend Income April 2020
| Date | Description | Amount |
| 4/30/2020 | Ltc Properties Inc-dividend | $26.95 |
| 4/30/2020 | Altria Group Inc-dividend | $100.69 |
| 4/30/2020 | Vanguard Federal Money Market Fund (settlement Fund)-dividend | $0.36 |
| 4/28/2020 | Msc Industrial Direct Class A-dividend | $1.50 |
| 4/15/2020 | Realty Income Corp-dividend | $122.22 |
| 4/15/2020 | Stag Industrial Inc-dividend | $44.41 |
| 4/6/2020 | Iron Mountain Inc New-dividend | $1.86 |
| 4/1/2020 | Coca-cola Company-dividend | $21.68 |
| Subtotal | Non Retirement Account for April 2020 – Dividend Income | $319.67 |
| Date | Description | Amount |
| 4/30/2020 | Vanguard Federal Money Market Fund (settlement Fund)-dividend | $0.01 |
| 4/15/2020 | Realty Income Corp-dividend | $34.54 |
| Subtotal | Retirement Account for April 2020 – Dividend Income | $34.55 |
| Total | Non Retirement and Retirement Dividend Income for April 2020 | $354.22 |
I recommend having an emergency fund with at least 3-6 months in it. I keep 1-2 years worth of reserves for emergencies or downturns in the market. Always looking for a good deal on dividend stocks.