May 2020 - Monthly Dividend Portfolio Update

Value: $4,284 | Gain: +$334 | Return: ▲10%

Hello dividend investors.

I hope you are all doing well.

So apparently, Sell in May and Go Away was a fad this year. Because the stock market went up in May.

For the month, the S&P 500 was up 4.8%, the DOW was up 4.26% and the Nasdaq was up 6.75%.

The benchmark index for dividend investors, the S&P 500, is up 40% since the market bottomed on March 23, 2020.

May stock market gains pale in comparison April but are significant nonetheless. If you remember, right before the end of May, people took to the streets to protest - yet that didn’t faze the markets a teeny tiny bit.

But V-Shaped recovery?!?!

Looks more like a swoosh. Recovery, nonetheless.

Let’s do the numbers.

My May 2020 - Monthly Dividend Portfolio Update

May Summary

Value: $4,284
Return: ▲10%
Dividend Income: $3
Investment: $1,400

I increased my buying in May, compared to April, as I doubled down on companies where I was still in the RED even though the market went up and up. As dividends are paid based on numbers of shares, the more you can scoop up, the better.

I bought Johnson & Johnson, Walmart, and Costco and made weekly investments into my M1 Finance Pie.

What’s next?

Couple weeks in June, we have already witnessed record highs amidst the official declaration that the U.S. is in recession. It’s safe to say that predicting the markets during the time of unprecedented events can be a fool’s errand.

I feel optimistic. My portfolio crossed the $5,000 mark today.

All-time Summary

Value: $5,060
Gain: +$771
Return: ▲36%
Dividend Income: $7

As you already know, I invest in lists (or pies) of stocks using M1 Finance. Since I started investing on February 27, 2020, I have created 3 lists and shared 2 publicly:

1)14 Dividend Stock Picks Based on Harvard Business Review Best CEOs List
2)15 Dividend Stock Picks Based on Glassdoor's Best Places to Work List

Next week, I will share my 3rd list.

Thank you so much for your time. I appreciate it. 🙏

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Until next week.



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Disclaimer: Dividend.Fun is an informational publication and by reading it, you understand that you are not receiving investment advice. Unless otherwise noted, all data is as of the date the newsletter was published. M1 Finance link above is a referral link. I recommend using M1 Finance because I personally use it.