May 2021 - Monthly Dividend Portfolio Update

Dividend Income: $109 | Yield: 5.36% | Value: $23,918

👋 Hello Dividend Growth Investors.

I hope you are doing wonderful.

During May, the markets were erratic at times as investors digested solid corporate earnings and accelerating inflation. It was a 'Sell in May, and Go Away' kind of month. As a result, technology stocks took a lot of heat.

To end the month, the S&P 500 was up 0.55%, the Dow was up 1.93% and the Nasdaq was down 1.53%.

Highlights

  • President Biden released his $6 trillion budget, which included his $4 trillion American Jobs Plan and American Families Plan bills as well as a tax increase to help pay for the expenditures.

  • Demand is exceeding supply, resulting in increased bottlenecks, labor shortages, and  higher inflation. As a result of stimulus, savings, and more reopenings, Q2 growth forecasts are historically high. 

  • Inflation in April beat estimates by 0.6% and gained 1.6% to 4.2% YoY, which is the highest since September 2008.

  • According to Bloomberg Intelligence, the Q1 earnings growth rate for the S&P 500 stands at 53%.

  • As of May, 40% of the U.S. population is now fully vaccinated.

Let’s do the numbers.

May Summary

Value: $23,918 | Gain: $286 | Return:▲1.05% | Dividends: $109 | Investment: $1,000

In May, I received $109 in dividend income, and my portfolio gained $286 in value, or 3.32%. And yes, for the first time since March of 2020, I took some money out from my portfolio. Previously, I had only re-balanced my portfolio without taking any money out.

I needed some cash for a purchase and instead of borrowing from the credit card, I decided to sell. That’s one of the benefits of investing using a taxable income instead of a retirement account. 

I sold some of my holdings in Altria, JP Morgan, Blackrock, Camden, Cisco, Extra Space Storage and Ventas. I made $933 profit without dividends and $1,026 in profit with dividends.

Dividends Received

In May, I received $109 in dividends from the following companies:

  • SBUX: $1.17

  • CAT: $0.81

  • TXN: $3.37

  • PG: $1.95

  • HAS: $0.10

  • ACN:$0.80

  • OKE: $0.26

  • COST: $0.57

  • AAPL: $1.22

  • DE: $0.77

  • APD: $1.34

  • MA: $0.53

  • LOW: $1.02

  • VZ: $3.76

  • INTC: $2.95

  • V: $0.70

  • WMT: $1.75

  • WFC: $0.70

  • XYLD: $27.53

  • QYLD: $58.00

Portfolio All-time (6/8/2021)

Value: $24,078 | Gain: $1,866 | Return: ▲8.4% | Link to portfolio: M1 Finance | Website | Excel

Projected Dividend Income

Annual: $1,303 | Monthly: $108

That’s it for this month. Let me know if you have any questions or feedback. It’s always wonderful to hear from you.

Until next month, ✌️

Zahid

Don’t forget, Dividend.Fun is on TwitterFacebook and YouTube.


Today, this newsletter is going out to 134 dividend growth investors. If you haven’t already, please consider subscribing. It’s FREE.

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